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Jamey buys a car from Motorsports Corporation, but he obtains a loan for the purchase price through Neighbors Corner Company (NCC). Jamey does not pay
Jamey buys a car from Motorsports Corporation, but he obtains a loan for the purchase price through Neighbors Corner Company (NCC). Jamey does not pay his loan. NCC takes or repossesses the car. NCC's tells Jamey that $5,000 is needed for him to get back his car, which will it will sell soon if it the money is not paid before May 15. However, the actual amount to get the car back is $4,000.
- When the sale is held on May 15, what reasons might Jamey successfully sue NCC?
- Cite the UCC provisions (do NOT your cite textbook) and explain their relevance.
- Your answers will be graded upon their quality (QUALITATIVELY GRADED).
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