To what deficiency judgment would grizzly have been entitled

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Reference no: EM133657443

Problem: Assume that on the facts of Problem 5.4, Grizzly Bear Bank throws the hull away and sues the guarantors for the full amount of the debt. Through expert testimony, the guarantors prove that if Grizzly had spent $245,000 to install an engine and electronics in the hull, the helicopter would have sold for $345,000. To what deficiency judgment, if any, would Grizzly have been entitled?

Reference no: EM133657443

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