Multiple Choice
Which of the following is true regarding the manner in which a secured party may sell collateral after the debtor's default?
A) The sale must be at a private sale.
B) The sale must be at a public sale.
C) The sale may be at either a private sale or a public sale.
D) The sale must be at a "without reserve" sale.
E) The sale must be at a "with reserve" sale.
Correct Answer:
Verified
Correct Answer:
Verified
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