What Did the Court Conclude in the Case Opener,the Case

question 27

Multiple Choice

What did the court conclude in the Case Opener,the case in which the plaintiff claimed that her repossessed vehicle was not sold in a commercially reasonably manner and that she was wrongly left with a deficiency?

• A) That showing that the sale grossed more than 50% of the vehicle's value established that the sale was commercially reasonable.
• B) That good faith in selling the vehicle as a matter of law established commercial reasonableness.
• C) That the secured party failed to prove that its sale of the vehicle conformed with established trade practices.
• D) That there was no obligation on the seller to engage in a commercially reasonable sale because the plaintiff was in default.
• E) That while not every aspect of the sale had to be commercially reasonable, the seller failed to show that sufficient advertisement of the sale was accomplished thereby rendering the sale itself commercially unreasonable.

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Definitions:

Cyclopentene

A cyclic alkene with a five-membered ring and one double bond, classified as a simple hydrocarbon.

Equimolar Mixture

A mixture where the components are present in equal molar quantities.

Reagents

Substances or compounds added to a system in order to bring about a chemical reaction or used to detect the presence of another substance.

Regio-

A prefix used in chemistry to indicate the region or specific position in a molecule where a reaction occurs or a substituent is located.