On the Debtor's Default,a Secured Party Can Take Possession of the Collateral

question 35

True/False

On the debtor's default,a secured party can take possession of the collateral covered by the security agreement only by court order.

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Definitions:

Companionate Love

A kind of love characterized by deep affection, attachment, and commitment, typically found in close friendships and long-term romantic relationships.

So-Called

Used to express one's skepticism or disdain about the validity or accuracy of a term or description.

Romantic Love

A deep emotional and affectionate attachment to a person, often characterized by passion, intimacy, and commitment.

Passionate Love

An intense emotional and sexual attraction to a partner, characterized by enthusiasm and a high level of energy in love-related activities.