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  4. Exam
    Exam 34: Secured Transactions in Personal Property
  5. Question
    A Debtor May Redeem Collateral at Any Time Prior to the Time
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A Debtor May Redeem Collateral at Any Time Prior to the Time

Question 3

Question 3

True/False

A debtor may redeem collateral at any time prior to the time that the secured party has disposed of the collateral or entered into a binding contract for resale by tendering the entire obligation that is owed plus any legal costs and expenses incurred by the secured party.

Correct Answer:

verifed

Verified

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