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08-05-2024
Business

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A debtor defaults on a loan and the creditor wants to repossess the collateral. Which of the following is true?
A. The creditor can repossess the collateral only with a court order.
B. The creditor can repossess the collateral without a court order.
C. The debtor must consent to the repossession.
D. The creditor must notify the police before repossessing the collateral.

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