Multiple Choice
Ron does not make a payment on his car loan for several months.The dealer,Star Auto,repossesses the car by towing it from a public parking lot.Ron sues Star for breach of the peace.Ron will probably
A) not prevail,because a creditor can repossess property in which it holds an interest if no threats or force are used against a debtor.
B) not prevail,because the repossession was not a breach of the peace.
C) prevail,because Ron has not formally defaulted on the car loan.
D) prevail,because the car was parked in a public lot when it was towed.
Correct Answer:

Verified
Correct Answer:
Verified
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