When a Car Is Sold on Credit, What Legal Status

Multiple Choice

When a car is sold on credit, what legal status does the creditor generally have with reference to the automobile? ​

A) The creditor retains legal title and thus holds a security interest in the vehicle, until it is paid for in full.
B) The creditor is secondarily responsible to third parties injured by the driver of the vehicle.
C) The creditor is obliged to carry collision and comprehensive automobile insurance on the vehicle to protect the security interest.
D) all of the above