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Bauxite Mine Borrows $60,000 from Commerce Bank, with the Loan

Question 20

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Bauxite Mine borrows $60,000 from Commerce Bank, with the loan secured by the borrower's property. The debtor defaults on the loan. Commerce relinquishes its security interest to seek a judicial remedy. To obtain funds to satisfy the debt by a seizure and sale of the borrower's nonexempt property, after a writ is issued, the creditor can use the process of


A) retention.
B) execution.
C) levy.
D) redemption.

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