Which of the Following Obligations Is Not One That a Credit

question 13

Multiple Choice

Which of the following obligations is not one that a credit provider must generally comply with if it wishes to enforce a credit contract?

• A)To serve a default notice on the debtor.
• B)To obtain a court order before repossessing mortgaged goods.
• C)To serve appropriate notices after taking possession of goods or selling them.
• D)To offer to vary the interest rate and charges to make them more manageable for the debtor.