Every consensual secured transaction involves:
A) a debtor and a secured party.
B) collateral.
C) a security agreement and a security interest.
D) All of these.

Question

Every consensual secured transaction involves:
A) a debtor and  a secured party.
B) collateral.
C) a security agreement and a security interest.
D) All of these.

Quizplus · Accepted Answer

Every consensual secured transaction indeed involves a debtor and a secured party, collateral, and both a security agreement and a security interest, making all of these elements essential components.

Every Consensual Secured Transaction Involves