A natural consequence of the effects of realized liquidity risk across several institutions is the ability to recognize capital gains on the sale of assets in the attempt to generate cash.

The rights and remedies of secured parties are not cumulative—if a creditor is unsuccessful in enforcing rights by one method, he or she cannot pursue another method

Indicate whether the statement is true or false

Fine Motor Company buys auto parts from General Mechanix, Inc, and puts them in its vehicles without changing their composition. If the parts are defective, strictly liable for any damage caused by the defects are A) Fine Motor only

B) no one. C) Fine Motor and General Mechanix. D) General Mechanix only.