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Essay Multiple Choice

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All Jurisprudence based

0 tracked cards Civil Law and Land Titles and Deeds

A debtor supplies exactly the promised valid security on time. The creditor invokes 1198(2) solely because it now prefers a different asset, with no impairment or other ground. Which is best?

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Every new preference proves nonperformance retroactively. A new preference alone does not establish failure to furnish the promised security. No debtor may ever furnish security. Only the asset’s paint decides compliance.

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