Final answer:
A security agreement is signed by a debtor and is connected with collateral, which is a valuable asset used as security for a loan. The correct answer is option b.
Step-by-step explanation:
The correct option to fill the blank in the question "A(n) ____________ agreement is a written contract which identifies the secured goods and is signed by the debtor" is 'b. security'. This type of agreement involves a piece of property or equipment, known as 'collateral', which is something valuable that a lender can seize and sell if the loan is not repaid. It is a common financial and legal document that outlines the terms of a loan or credit arrangement where the borrower provides assets as a guarantee for repayment.
A security agreement provides assurance to the lender about the repayment of the loan through the right to take possession of the collateral specified in the contract. This is different from other terms such as 'cosigner', which is a person or entity that agrees to be responsible for the repayment of a loan if the original borrower defaults.
Security agreements are essential in protecting lenders and clarifying the terms upon which credit is given.