Bauxite Mine Borrows $60,000 from Commerce Bank, with the Loan

question 20

Multiple Choice

Bauxite Mine borrows $60,000 from Commerce Bank, with the loan secured by the borrower's property. The debtor defaults on the loan. Commerce relinquishes its security interest to seek a judicial remedy. To obtain funds to satisfy the debt by a seizure and sale of the borrower's nonexempt property, after a writ is issued, the creditor can use the process of

• A)retention.
• B)execution.
• C)levy.
• D)redemption.

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Definitions:

Internal Respiration

The exchange of gases (oxygen and carbon dioxide) between the blood and the body cells.

Alveoli

Microscopic air sacs in the lung.

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration, essential for plant photosynthesis but a contributor to global warming when in excess.

Conchae

Curved bony projections inside the nasal cavity that help to filter, warm, and moisten air as it is inhaled.