A passive-aggressive worker is likely to engage in such behaviors as forgetting to adjust the temperature in a warehouse, thereby spoiling large quantities of merchandise

Tara, a single woman, owes $200,000 on her house loan from Big Bank. She loses her job and stops making loan payments. Big Bank forecloses upon Tara’s house. Big Bank receives $100,000 from the sale of the house. In Arkansas along with most other states what may Big Bank do at this point in time?

A. Send a notice of default to other creditors B. Obtain a deficiency judgment against Tara for $100,000 C. Offer Tara the right of redemption. D. Report Tara’s default to the local prosecutor for a criminal prosecution. E. Nothing: Big Bank must “write off” the remainder of the loan.

Under the UCC, if an offer is received by mail, the acceptance:

A) Can be made by other means, but only if the offer so states. B) Can be made by any reasonable manner or method of communication. C) Must also be made by mail. D) Is effective only once it is received by the offeror. E) Can be canceled by the offeree at any time during the period of a firm offer.