Question 9 1 pts Jim wants to propose to another girl (This would be his FOURTH wife... in case you're still counting). He cannot afford the engagement ring. He goes to Kay Jewelry and buys the ring by borrowing money from the store. Before giving it to the girl he met on Tinder, n defaults on the payment. Can Kay Jewelry repossess the property? No. They failed to perfect their security interest. Yes. Although their lien in unperfected because they did not file anything with the Government Yes. They are a Purchase Money Security Interest that perfects automatically No. Whether the lien is perfected or not is irrelevant