Candy Bought a Sofa from Max on Credit

question 243

Multiple Choice

Candy bought a sofa from Max on credit. She is to make 5 monthly payments of $200 each. After one month Candy stops making payments. Max is a secured creditor; he may:

• A) may enter Candy's home at any time to take the sofa
• B) take steps to repossess the sofa from Candy
• C) require Candy to perform manual labor in exchange for the cash payments
• D) force Candy to turn over the sofa plus other property to make up for Max's time and efforts spent on collection
• E) do none of these things, Max is not an unsecured creditor

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Definitions:

Elevate Mood

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A medical treatment involving electric currents passed through the brain to trigger a brief seizure, aiming to relieve severe mental health conditions.