Summit Credit Corporation lends funds to Toby, a consumer, to apply to the cost of a sport utility vehicle(SUV), which is the collateral for the loan. An enforceable security interest also requires
a. a written agreement and Summit's possession of the SUV.
b. a written agreement or Summit's possession of the SUV.
c. the vehicle seller's acknowledgement of the loan in writing.
d. Toby's possession of the SUV.