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Ashorn Ashorn
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6 years ago
Phillip, who has a loan on his car at the bank, has placed his car on consignment at the local used car lot. His law professor tells Phillip that consignments can amount to a secured type of credit. If this is true, who is the creditor?
a. the consignor
b. nobody, because in this case, the professor is wrong
c. the next purchaser of the car
d. the consignee
e. the bank
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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Existence87Existence87
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6 years ago
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Ashorn Author
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6 years ago
Helped a lot
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Just got PERFECT on my quiz
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2 hours ago
Smart ... Thanks!
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