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Richard sold tom his boat for 10,000 dollars taking back a loan from tom in the amount of $8,000 dollars on the purchase. when tom
Richard sold tom his boat for 10,000 dollars taking back a loan from tom in the amount of $8,000 dollars on the purchase. when tom stopped paying the loan Richard tried to repossess the boat only to find out that tom has sold the boat the week before to his brother George for $1
A. Richard can repossess the boat
B. Richard can repossess the boat only because the sale was to a relative
c. Richard cannot repossess the boat
D. Richard cannot repossess the boat only because the sale was illegal.
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