Question: A Moving to another question will save this response. Question 6 10 points Save Answer Assume a merchant perfected her security interest in consumer's purchase

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A Moving to another question will save this response. Question 6 10 points Save Answer Assume a merchant perfected her security interest in consumer's purchase by filing a UCC-1. What should a merchant/creditor do once the debtor pays off the loan? a. Re-file a UCC-1 showing the security interest still exists but no balance is owed. b. None of the answer choices are correct. c. file a UCC Termination Statement in the appropriate state office within the required time window. Od. Wait for the debtor to contact the merchant to request withdrawal of the UCC-1

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