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  3. Study Set
    Business Law Text and Exercises Study Set 2
  4. Exam
    Exam 32: Credit and Security
  5. Question
    When a Debtor Defaults, a Secured Creditor Can Give Up
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When a Debtor Defaults, a Secured Creditor Can Give Up

Question 2

Question 2

True/False

When a debtor defaults, a secured creditor can give up the security interest and sue on the underlying debt.

Correct Answer:

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