Disposing secured collateral


Assignment:

Read Regal finance Company, Ltd. and Regal Finance Company II, Ltd., Petitioners, v. Tex Star Motors, Inc., Respondent  found at https://www.supreme.courts.state.tx.us/historical/2010/aug/080148.pdf

  • Assume your readers know the facts of the case and are only seeking your opinion on what standard should be held when a used-car dealer disposes of secured collateral. Should the UCC or legal precedent prevail? Do not concern yourself with the legalities of this case, instead focus on information that will help you answer the questions propounded above.

Your answer must be in 150 to 200 words, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format.

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Business Law and Ethics: Disposing secured collateral
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