select the correct answer. adam borrowed money to buy a new car. the bank now has a lien on the car. what…

select the correct answer. adam borrowed money to buy a new car. the bank now has a lien on the car. what could happen if adam doesnt make his payments on time? a. the bank could sell the car. b. the bank could lend him more money. c. the bank could exchange his new car for an old one.

select the correct answer. adam borrowed money to buy a new car. the bank now has a lien on the car. what could happen if adam doesnt make his payments on time? a. the bank could sell the car. b. the bank could lend him more money. c. the bank could exchange his new car for an old one.

Answer

Brief Explanations:

When a bank has a lien on a car due to a loan and the borrower (Adam) doesn't make timely payments, the bank has the right to repossess and sell the car to recoup the money owed. Lending more money or exchanging cars are not typical actions in this situation.

Answer:

A. The bank could sell the car.