Ted and Alice Own Their Recreational Vehicle Subject to a Security

question 39

Multiple Choice

Ted and Alice own their recreational vehicle subject to a security agreement to Third U.S.Bank to secure the repayment of the purchase money loan.Ted and Alice sell their RV to Bob and Carol,who agree to take over the loan payments to the bank.There is no novation with the bank.Under these facts,if Bob and Carol do not make the loan payments,Third U.S.Bank

• A)can sue Bob and Carol only.
• B)can sue Ted and Alice only.
• C)can sue Bob,Carol,Ted,and Alice.
• D)cannot sue anyone but can repossess the RV.

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Definitions:

Self-Esteem

The subjective evaluation one makes about their own worth, encompassing beliefs about oneself as well as emotional states.

Immune System

A complex network of cells, tissues, and organs that work together to defend the body against pathogens and disease.

Stress

The body's response to any demand or challenge, which can be physical, mental, or emotional.

Natural Killer Cells

A type of white blood cell that plays a crucial role in the body's immune system by attacking and destroying infected cells or cancerous cells.