The section creates a duty to act in a commercially reasonable manner. The enforcement of whether that has been done is dealt with in other sections where there is recourse to the courts if that is not done, but the obligation to act commercially reasonably and to not sell something under value is primarily from that particular provision and then the enforcement in a number of the other provisions.
Mr. Macdougall on Bill 7: Personal Property Security Act
In the Legislative Assembly on March 2nd, 1994. See this statement in context.
Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
March 1st, 1994
Page 485
Macdougall
See context to find out what was said next.