A secured creditor will usually include terms in the security agreement with a debtor giving the creditor the right, in the event of a default by the debtor, to Multiple choice question. take over management of the debtor's business. order the seizure and sale of the debtor's assets within 60 days of the first default action. identify fraudulent activity during the process. place the debtor's business into receivership to protect the creditor's security.

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