Question: Joan borrows money from Jake under a security agreement. After borrowing the money, Joan buys a new kayak. The kayak is considered A . floating

Joan borrows money from Jake under a security agreement. After borrowing the money, Joan buys a new kayak. The kayak is considered
A. floating collateral.
B. proceeds.
C. after acquired property.
D. a future advance.
Joan borrows money from Jake under a security agreement. After borrowing

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