Priority Steve owns a car. He decides that he needs a loan in order to improve his house, so he goes to Liv. He agrees to give Liv a security interest in the car in exchange for $4,000. Two weeks later he decides that he needs more money. He goes to Dan
Steve owns a car. He decides that he needs a accommodation in adjustment to advance his house, so he goes to Liv. He agrees to accord Liv a aegis absorption in the car in barter for $4,000. Two weeks afterwards he decides that he needs added money.
He goes to Dane. He gives Dane a aegis absorption in the car in barter for $10,000. Dane files a costs account to absolute the interest. A anniversary afterwards that Liv does the same. Eventually, Steve defaults in his payments. The car is repossessed, and it is awash for $3,000. How abundant money will Dane receive? How abundant money will Liv receive?
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