Solved

If a Creditor Fails to Comply with Article 9 and Loses

Question 50

Multiple Choice

If a creditor fails to comply with Article 9 and loses his preferred claim,he becomes a(n) ________ if the debtor is declared bankrupt and may have little chance of recovering the money owed.


A) special creditor
B) preferred creditor
C) general creditor
D) universal creditor

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions