Market Credit Inc. is the secured party in a secured transaction with National Sales Corporation. Market Credit is
A) the debtor.
B) the creditor.
C) the security interest.
D) the collateral.

Question

Quizplus · Accepted Answer

Market Credit Inc. is the creditor because they are the party that has provided a loan or credit to National Sales Corporation and holds a security interest in the collateral provided by National Sales Corporation.