If a Breach of the Peace Might Occur

question 16

Multiple Choice

If a breach of the peace might occur:

• A) self-help repossession is the only option available to obtain the collateral.
• B) the creditor must use court action to obtain the collateral.
• C) the creditor is barred from repossessing the collateral.
• D) the collateral reverts to the debtor.

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Definitions:

Nonsignificant

An outcome of a statistical test indicating that the evidence is not strong enough to reject the null hypothesis.

Nonsignificant

A statistical term indicating that the results of an analysis do not show evidence to reject the null hypothesis, suggesting that any observed effect could be due to chance.

Insignificant

A term used in statistics to describe a result that fails to provide enough evidence to reject the null hypothesis.

Statistical Concept

A statistical concept encompasses principles and theories related to collecting, analyzing, interpreting, and presenting data in order to make informed decisions or conclusions.