23 Wyatt wishes to buy a new combine for his form to harvest the wheat. The cost of the new combine is about $500,000.00 for which he must secure a loan to purchase. The bank that is willing to loon him the amount requires Wyatt to put up collateral to ensure that it he is unable to repay that loon that the bank will be able to seize the asset to repay the loon. This situation is called 2012 Multiple Choice A collateral loan A promissory note A fiduciary transaction A secured transaction