menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 28: Secured Transactions and Suretyship
  5. Question
    A Lien Creditor Is a Creditor Whose Claim Is Based
Solved

A Lien Creditor Is a Creditor Whose Claim Is Based

Question 21

Question 21

True/False

A lien creditor is a creditor whose claim is based on operation of law as opposed to a creditor whose claim is based on agreement.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q16: A person who owes money to another

Q17: A judicial bond is an assurance, generally

Q18: Dorothy bought a computer for home use,

Q19: Able and Baker agree to stand as

Q20: Colleen agrees to co-sign a note with

Q22: A financing statement requires the debtor's signature,

Q23: In which situation would a buyer not

Q24: Which of the following is a type

Q25: The property given to a creditor as

Q26: Able induced Baker to stand as surety

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines