Clear Lake Credit Corporation Lends Funds to Donny,a Consumer,to Apply

Multiple Choice

Clear Lake Credit Corporation lends funds to Donny,a consumer,to apply to the cost of a boat,which is the collateral for the loan.An enforceable security interest requires

A) a written agreement and Clear Lake's possession of the boat.
B) a written agreement or Clear Lake's possession of the boat.
C) the boat seller's acknowledgement of the loan in writing.
D) Donny's possession of the boat.