As Discussed in Giles V

question 18

Multiple Choice

As discussed in Giles v.First Virginia Credit Services,Inc. ,the case in the text,creditors that act improperly in repossessing collateral:

• A)lose their security interest in the collateral.
• B)must return the repossessed collateral.
• C)are liable to the parties injured.
• D)lose priority in bankruptcy proceedings.

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Definitions:

Charles E. Spearman

An early 20th-century British psychologist known for his work in statistics and intelligence, including the development of factor analysis and the concept of a general intelligence factor, g.

Formal Training

Education or instruction in a specific field or profession, typically provided in a structured and systematic way by an educational institution or organization.

B.F. Skinner

An American psychologist and behaviorist who developed the theory of operant conditioning, regarding how behavioral responses can be reinforced by rewards or discouraged by punishments.

Stimulus Situation

An event or environment that evokes a response from an organism or individual.