The UCC Does Not Define the Term Default

question 68

Multiple Choice

The UCC does not define the term default . This encourages the parties to a secured transaction to

• A)include standards that align with the concept of unconscionability.
• B)run counter to the UCC's provision regarding good faith.
• C)stipulate the conditions that will constitute a default.
• D)provide the creditor with the maximum protection possible.

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Definitions:

Engagement

The degree of attention, curiosity, interest, optimism, and passion that people show when they are learning or being taught, which extends to the level of motivation they have to learn and progress in their education.

Exposure

The act of experiencing or being subjected to something, which can refer to environmental conditions, substances, or even ideas and techniques in therapy.

Visual Chunking

A process by which individual pieces of information are grouped together into a larger whole to improve memory and information recall.

Word Association

A psychological process where words elicit related thoughts, feelings, or other words based on an individual's experiences and knowledge.