Asked by
Jennifer Ulloa
on Nov 28, 2024Verified
Construction Company has a claim against Diners Café to satisfy a debt that takes priority over other claims against the same property. This is
A) a lien.
B) a fraud.
C) a guaranty.
D) a garnishment.
Lien
A legal right or claim against a property, typically used as security for a debt or obligation.
Construction Company
A business entity engaged in the construction of buildings, infrastructure, and other physical structures.
- Gain insights into the hierarchy and value of liens within the context of settling debts.
Verified Answer
BR
Learning Objectives
- Gain insights into the hierarchy and value of liens within the context of settling debts.