Which of the following is the agreement by which the debtor gives the secured interest to the secured party?
A) Collateral agreement.
B) Secured interest.
C) Debtor agreement.
D) Secured transaction.
E) Security agreement.

Question

Quizplus · Accepted Answer

A security agreement is the legal document that outlines the terms under which a debtor gives a secured interest to a secured party. This agreement typically specifies the collateral that is being used to secure the loan or obligation.

Which of the Following Is the Agreement by Which the Debtor