Multiple Choice
Which of the following is true regarding the manner in which a secured party may sell collateral?
A) The sale must be in a private sale only.
B) The sale must be in a public sale only.
C) The sale must be in an acknowledged sale.
D) The sale may be in a private sale, public sale, or an acknowledged sale.
E) The sale may be in either a private sale or a public sale.
Correct Answer:
Verified
Correct Answer:
Verified
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