Asked by Ferhat Butun on Jul 24, 2024
Verified
Which of the following is true regarding the court's opinion in Price Auto Sales, Inc. v. Sanders, the case in the text in which a debtor sued an auto company for injuries sustained during an attempt to repossess his automobile?
A) The court ruled that the debtor had no right to protest the repossession.
B) The court ruled that repossession was not completed and that a breach of the peace occurred in the process of the repossession.
C) The court ruled that, because repossession had been completed, there could be no breach of the peace as a matter of law.
D) The court ruled that a debtor's protest does not affect whether or not repossession is complete, and it is not relevant to whether or not a breach of the peace occurred
E) The court ruled that once repossession is complete, it is not relevant whether or not a breach of the peace occurred.
Breach Of The Peace
An act that disturbs public tranquility or order.
Repossession
The process by which a creditor takes back property from the borrower due to failure to meet the repayment terms of the loan.
- Investigate the rights of defaulting debtors and the duties and authorities of the secured party in relation to the collateral.
Verified Answer
CR
Chandan RupanaJul 26, 2024
Final Answer :
B
Explanation :
The court ruled that repossession was not completed and that a breach of the peace occurred in the process of the repossession. This indicates that the court found the manner in which the repossession was conducted to be problematic, focusing on the legality and conduct of the repossession process rather than the completion of the repossession itself.
Learning Objectives
- Investigate the rights of defaulting debtors and the duties and authorities of the secured party in relation to the collateral.
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