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[Repo] Meredith Sells Used Cars and Trucks

Question 90

Multiple Choice

[Repo] Meredith sells used cars and trucks. She sold a used pick-up truck to Jill and a used convertible to Caleb. She properly obtained a security interest in both vehicles. Both Jill and Caleb defaulted on payments owed to Meredith for the vehicles. Meredith was under the belief that her only option was to take possession of the collateral. She decided to repossess Jill's pick-up at Jill's house. Meredith slipped into Jill's driveway after midnight and started the truck's engine. Jill immediately ran out and confronted Meredith. Meredith shoved Jill away and drove off in the pick-up truck. Meredith was able to repossess Caleb's convertible in a public parking lot with no altercation with him.
-Which statement is correct regarding Meredith's taking possession of Caleb's convertible?


A) Meredith breached the peace because she did not provide Caleb prior notification that she was going to repossess the vehicle.
B) Meredith breached the peace because she took the vehicle from a public lot.
C) Meredith breached the peace unless she can establish that Caleb gave her prior permission to repossess the vehicle in a public lot.
D) Meredith did not breach the peace because she acted in a reasonable manner in taking the collateral.
E) Meredith did not breach the peace because Caleb sustained no documented physical injury.

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