If you borrow money to purchase a car, and you own and have possession of that car, and you don’t make the required payments in a timely manner as agreed to in the loan documents, the creditor can:     Select an answer from the options below. A raise the price of the car B file a judgement lien C sell the car to someone else D require you to file for bankruptcy

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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If you borrow money to purchase a car, and you own and have possession of that car, and you don’t make the required payments in a timely manner as agreed to in the loan documents, the creditor can:
 
 

Select an answer from the options below.

A

raise the price of the car

B

file a judgement lien

C

sell the car to someone else

D

require you to file for bankruptcy
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