menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Study Set 1
  4. Exam
    Exam 27: Secured Transactions and Electronic Filing
  5. Question
    If the Proceeds from the Disposition of the Debtor's Collateral
Solved

If the Proceeds from the Disposition of the Debtor's Collateral

Question 49

Question 49

True/False

If the proceeds from the disposition of the debtor's collateral are insufficient to satisfy the debt to the secured party,the debtor is personally liable to the secured party for the deficiency.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q44: Sandy purchases a piece of equipment to

Q45: Alice buys a home theater system from

Q46: A security agreement provides that the agreement

Q47: Which of the following is not generally

Q48: Robert borrows $500 from a pawnshop,leaving his

Q50: Checks,notes,stocks,and bonds can all be subject to

Q51: A termination statement must be filed within

Q52: In order for a security interest to

Q53: A type of security interest that does

Q54: Article 9 of the UCC does not

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines