Drew bought a computer for personal use from Hale Corp. for $3,000. Drew paid $2,000 in cash and signed a security agreement for the balance. Hale properly filed the security agreement. Drew defaulted in paying the balance of the purchase price. Hale asked Drew to pay the balance. When Drew refused, Hale peacefully repossessed the computer. Under the UCC Secured Transactions Article, which of the following remedies will Hale have?
A. Obtain a deficiency judgment against Drew for the amount owed.
B. Sell the computer and retain any surplus over the amount owed.
C. Retain the computer over Drew's objection.
D. Sell the computer without notifying Drew.
A. Obtain a deficiency judgment against Drew for the amount owed.
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If a company's return on equity (ROE) ratio increases from one year to the next, the most likely cause is
A. an increase in net income. B. a reduction in total expenses as a percentage of sales. C. an increase in stockholders' equity. D. Both A and B are most likely causes. E. All of the above are most likely causes.
Which of the following is NOT an intentional business tort?
A) passing off B) inducing breach of contract C) professional negligence D) intentional interference with economic relations E) breach of confidential information