Multiple Choice
Some provinces have provided relief to conditional buyers by
A) making the buyer liable for any deficiency after resale of the goods.
B) not allowing any allowing equity position to accumulate with progression of payments.
C) knowing the resale of chattels to be "value destructive," requiring the conditional seller to turn over any surplus realized.
D) allowing the use of the acceleration clause.
E) giving recovery rights when debt is paid within a given period of time.
Correct Answer:

Verified
Correct Answer:
Verified
Q42: Identify in relation to each of the
Q43: When dealing with security interest,the failure of
Q44: For consumer goods,how much value to a
Q45: Bill owns a small factory which manufactures
Q46: Why is it important for a creditor
Q47: When may a secured creditor choose not
Q48: B,a car dealership,sells A a car on
Q49: Sometimes conditional sale contracts exist between the
Q50: Can the chartered banks require security for
Q52: Milton ordered a fancy telescope from a