The payment of Eden's debt to Flem is guaranteed by Eden's personal property.This property is
A)a secured party.
B)a secured transaction.
C)a security interest.
D)collateral.

Name: The payment of Eden's debt to Flem is guaranteed by Eden's personal property.This property is A)a secured party. B)a secured transaction. C)a security interest. D)collateral.
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Question

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Eden's personal property is serving as collateral to guarantee payment of the debt to Flem.

The Payment of Eden's Debt to Flem Is Guaranteed by Eden's