Michigan Collections Manager License Practice Test

Which of the following is considered a question of fact under Michigan law?

1. The Debtor name and secured party name

2. The times and place of disposition

3. The method of disposition

4. All of the above

The correct answer is: All of the above

In the context of Michigan law, each of the items listed—debtor name and secured party name, times and place of disposition, and method of disposition—constitutes a question of fact. Questions of fact pertain to objective elements that can be verified through evidence or concrete information. The debtor name and secured party name are fundamental to establishing the parties involved in a transaction, which can be objectively confirmed through documentation. Similarly, determining the times and place of disposition involves factual inquiries that can be addressed through records or statements related to the transaction. The method of disposition also includes factual matters, as it deals with how the disposition occurs, which can be supported by evidence like contracts, transactional records, or witness testimony. Therefore, by citing that all these aspects relate to factual determinations, the choice that includes all the above elements accurately recognizes them as questions of fact under Michigan law. This comprehensive view ensures clarity in understanding the factual nature of these components in legal proceedings or negotiations involving secured transactions.