Under the UCC, which of the following is correct regarding the disposition of collateral by a secured creditor after the debtor's default?
A. The collateral must be disposed of at a public sale.
B. It is improper for the secured creditor to purchase the collateral at a public sale.
C. Secured creditors with subordinate claims retain the right to redeem the collateral after the disposition of the collateral to a third party.
D. A good-faith purchaser for value and without knowledge of any defects in the sale takes free of any subordinate liens or security interests.
D. A good-faith purchaser for value and without knowledge of any defects in the sale takes free of any subordinate liens or security interests.
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