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Green Bay Credit Corporation lends funds to Aaron Rogers, a consumer, to apply to the cost of a boat, which is the collateral for the

Green Bay Credit Corporation lends funds to Aaron Rogers, a consumer, to apply to the cost of a boat, which is the collateral for the loan. An enforceable security interest requires

a written agreement and Green Bay Credit Corporations possession of the boat.

a written agreement or Green Bay Credit Corporations possession of the boat.

the boat sellers acknowledgement of the loan in writing.

Aaron Rogers possession of the boat.

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