What Role Does Legislation Play with Respect to Enabling a Creditor

Multiple Choice

What role does legislation play with respect to enabling a creditor to begin legal action for arrears,retain or take possession of collateral,and appoint a receiver or manager?

A) confirms and supplements contractual remedies
B) protects borrowers' assets in the event of deficiency
C) protects borrowers from acceleration clauses
D) classifies the status of creditors as secured or unsecured