Best Credit Corporation Lends Funds to Cody, a Consumer, to Apply

Best Credit Corporation lends funds to Cody, a consumer, to apply to the cost of a sport utility vehicle (SUV) , which is the collateral for the loan. An enforceable security interest requires

A) a written agreement and Best's possession of the SUV.
B) a written agreement or Best's possession of the SUV.
C) a written agreement only.
D) Best's possession of the SUV only.

Correct Answer:

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