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D Question 14 1 pts Jim borrows $1,500 from Joe. Joe is concerned that Jimn will not repay him. Joe has Jim sign an agreement

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D Question 14 1 pts Jim borrows $1,500 from Joe. Joe is concerned that Jimn will not repay him. Joe has Jim sign an agreement that says if Jim does not pay Joe pay within 60-days, Joe will have a right to immediately collect his money by taking all of Jim's personal and real property." Jim signs the agreement. What is Joe's status? Joe is an unsecured creditor, because his security agreement is not valid a Joe is a secured creditor Joe is a priority creditor Joe is a fraudulent creditor, since all of Jim's property is worth more than $1,500

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