blems A furniture manufacturer, secured by a security agreement, sold furniture to Daniel on credit. When Daniel did not pay as agreed, the creditor repossessed the furniture. This creditor approached one possible buyer for the items but failed to sell them. The creditor then bought the collateral at a private sale and sued Daniel for a deficiency of $7,000. Daniel contends that he is entitled to credit for the full value of the repossessed goods because the private sale was improper. Is Daniel correct? Why or why not? 8