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Adam borrowed money to buy a new car. The bank now has a lien on the car. What could happen if Adam doesn't make his payments on time? A.The bank could sell the car. B.The …

Adam borrowed money to buy a new car. The bank now has a lien on the car. What could happen if Adam doesn't make his payments on time? A.The bank could sell the car. B.The …
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Adam borrowed money to buy a new car. The bank now has a lien on the car. What could happen if Adam doesn't make his payments on time?

A.The bank could sell the car.

B.The bank could lend him more money.

C.The bank could exchange his new car for an old one.

asked
User Itsolidude
by
7.7k points

2 Answers

1 vote

Answer: A for PLATO users

Step-by-step explanation:

answered
User Cheryle
by
7.9k points
0 votes
The correct answer is A The bank could sell the car.
The bank could take back the car and sell it to recover its money.

answered
User ZouBi
by
7.4k points
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