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Which of the Following Statements Concerning Foreclosure of Liens Is

Question 48

Multiple Choice

Which of the following statements concerning foreclosure of liens is true?


A) The lienholder need not give notice to the debtor for holding a sale of the possessed goods.
B) Even if there is a statutory procedure,the lienholder must first bring a lawsuit against the debtor.
C) The right of a lienholder to possess goods does not automatically give the lienholder the right to sell the property.
D) The lienholder cannot have the property sold at a judicial sale.

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