Bayside Credit Corporation lends funds to Claude,a consumer,to apply to the cost of a boat,which is the collateral for the loan.An enforceable security interest requires
A) a written agreement and Bayside's possession of the boat.
B) a written agreement or Bayside's possession of the boat.
C) the boat seller's acknowledgement of the loan in writing.
D) Claude's possession of the boat.
Correct Answer:
Verified
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