
Do you need help with
Carl and Ben were studying in the library and while taking a break, Carl told Ben that he was trying to sell his washer and dryer. Ben had been looking to buy a washer and dryer to furnish his apartment. Ben agreed to buy the washer and dryer. Because Ben did not have $500 for the purchase price, Carl proposed to Ben that Ben could pay $50 as a down payment and thereafter $50 a month and Carl had the right to take the washer and dryer back if Ben did not pay the entire purchase price. Ben agreed. After they finished studying at the library, Carl used his pickup truck and delivered the washer and dryer to Ben. Neither Carl nor Ben wrote anything down. After two payments, Ben stopped paying. Which one of the following statements is correct?Group of answer choices:a) Carl can have his washer and dryer back because he sold the washer and dryer on credit to Ben.b) Carl can have his washer and dryer back because he has a security interest in them.c) Carl cannot have his washer and dryer back because he does not have a security interest in them.d) Carl cannot have his washer and dryer back because Ben has taken possession of the washer and dryer.
Then try StudyFetch, the AI-powered platform that can answer your questions and teach you more about it!


How StudyFetch Helps You Master This Topic
AI-Powered Explanations
Get in-depth, personalized explanations on this topic and related concepts, tailored to your learning style.
Practice Tests
Take adaptive quizzes that focus on your weak areas and help reinforce your understanding of the subject.
Interactive Flashcards
Review key concepts and terms with AI-generated flashcards, optimizing your retention and recall.
Educational Games
Engage with fun, interactive games that reinforce your learning and make studying more enjoyable.
Start mastering this topic and many others with StudyFetch's comprehensive learning tools.