Review the case study of chrysler credit corp v koontz

Assignment Help Management Theories

Reference no: EM131494960

Question: Koontz financed the purchase of a car with a loan from Chrysler Credit Corp. When Koontz defaulted in payment, Chrysler sent a collection agency to repossess the car. The agency found the car in Koontz's yard and began to tow it away, despite protests from Koontz. Chrysler resold the car and sued Koontz for the difference between the debt and the sale price. Koontz objected on the grounds that Chrysler had breached the peace in repossessing the car by taking it over his protests. Is Koontz correct? (Chrysler Credit Corp. v. Koontz, 661 N.E.2d 1171)

Reference no: EM131494960

Questions Cloud

Define what ageism is : Define what ageism is. At what age does it generally begin? Summarize how ageism in the workplace affects employees?

Conduct research into several different organizations : Conduct research into several different organizations and explain what concepts they utilize to achieve an effective performance management system.

Is the bank permitted to do so : The Bank of Babylon had a security agreement in connection with a loan to Cherno that authorized the bank, in the event of default, to enter Cherno's home.

Discuss role of relationship or power in negotiation process : Discuss the role of relationship and power in the negotiation process. If your Boss has more power in the negotiation process for a higher salary, how would you

Review the case study of chrysler credit corp v koontz : Koontz financed the purchase of a car with a loan from Chrysler Credit Corp. When Koontz defaulted in payment, Chrysler sent a collection agency to repossess.

Write a paper to synthesize your ideas : Identify (3) three premises (reasons) from the Procon.org website that support your position and explain why you selected these specific reasons.

Feelings of low self-worth among lower-class individuals : In what respect do you agree or disagree with the instructor's assertion about the negative effects of capitalism on human relations.

Describe potential solutions for project risks : Describe potential solutions for project risks. Describe project risks specific to an industry or area. Describe initial risk factors for a project.

Was this a good defense to the suit : Anderson and For-Med, Inc. borrowed about $80,000 from First Westside Bank, using Anderson's mobile home as collateral for the loan. When a default in payment.

User Account

All Pages