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Source Burglary Complete Criminal Law List Showing the closest available flashcard practice.

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0 tracked cards Supplemental - Not MEE July 2026

A secured lender accepted six consecutive monthly payments 15 days late without objection. The agreement says payments are in default if more than 10 days late. The lender rejects the seventh payment, which is also 15 days late, and immediately accelerates.
What is the debtor's strongest argument?

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Late payments become timely payments after three months by operation of Article 9. The lender must continue accepting late payments forever. A repeated course of accepting late payments may support waiver or require reasonable notice before strict enforcement, depending on the agreement and governing law. A course of performance affects perfection but never default.

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