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    Dynamic Business Law Study Set 1
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    Exam 48: The Nature of Property, Personal Property, and Bailments
  5. Question
    When Property Is Sold Pursuant to a Bailee's Lien, the Proceeds
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When Property Is Sold Pursuant to a Bailee's Lien, the Proceeds

Question 21

Question 21

True/False

When property is sold pursuant to a bailee's lien, the proceeds are first used to pay the bailee and to cover the costs of the sale, and then remaining proceeds go to the bailor.

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