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:

Emotional Noise

Distractions or disturbances caused by strong emotions that interfere with the ability to listen or communicate effectively.

External Noise

Refers to physical sounds and distractions from the environment that interfere with the communication process.

Confirming Response

A communication pattern that acknowledges and supports a person's self-concept, positively reinforcing personal identity.

Disconfirming Response

A communication pattern that invalidates or disregards another's opinions or feelings.