Carl Creditor works as a Manager for Enterprise Rent-a-Car. On Friday, Dexter Debtor rented a 2008 Armada for the weekend at a special rate of $50/day. Dexter showed all the necessary identification and had full insurance, but took the damage waiver offered by Enterprise on the vehicle at $10/day. The Enterprise employee (per company policy) took a $200 deposit above the expected cost of the rental on their debit card ($380).

The car was expected back by 2pm on Monday, but was not returned. Carl called the home of Dexter Monday evening, but got no answer. The weekday rate for the Armada is $90/day (so with the coverage $100/day). Carl tried calling another time on Tuesday, but again no answer and no return call. On Wednesday an Enterprise employee drove by Dexter’s home and notices the Armada in the driveway with what looks to be bullet holes along the side.

Since the deposit is depleted after Tuesday, Carl and two other employees, dressed in full-suits with white shirts and ties (all employees have to comply with the dress code), use a “slim-jim” to gain access to the car. Dexter is watching from a window in his house, while the car is repossessed. Dexter does not come outside, because he believes them to be police officers to take the car since the car matches the description of a car involved in a robbery over the weekend.

Which statement is correct?

a) The lease is a true lease not governed by Article 9, but Enterprise still may not breach the peace in repossessing the car. Enterprise's repossession was a breach of the peace because Dexter thought the employees were police officers.

b) The lease is a true lease not governed by Article 9, but Enterprise still may not breach the peace in repossessing the car. Enterprise's repossession was not a breach of the peace.

c) The lease is a true lease not governed by Article 9, and thus it does not matter whether Enterprise breaches the peace in repossessing the car.

d) The lease creates a security interest governed by Article 9, and Enterprise breached the peace in repossessing the car because Dexter thought the employees were police officers.

e) The lease creates a security interest governed by Article 9, and Enterprise did not breach the peace in effecting the repossession.