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    Business Law Text and Exercises Study Set 2
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    Exam 32: Credit and Security
  5. Question
    When a Debtor Defaults, a Secured Party Who Does Not
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When a Debtor Defaults, a Secured Party Who Does Not

Question 65

Question 65

True/False

When a debtor defaults, a secured party who does not choose to retain the collateral must give it back to the debtor in exchange for cash.

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