A Person Who Is Aware That a Hired Contractor Is

question 42

True/False

A person who is aware that a hired contractor is unlicensed but allows the contractor to continue working is in all cases barred under equitable principles from raising a claim regarding the lack of licensure to avoid payment.

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Definitions:

Dischargeable

Referring to debts that can be eliminated or forgiven through legal processes, such as bankruptcy.

Domestic Support Obligations

Financial responsibilities, such as alimony or child support, owed by one individual to another as ordered by a court.

Unsecured Note

A financial instrument that represents a loan not backed by collateral, typically entailing higher risk for the lender.

Entitled to Priority

Entitled to priority refers to a situation where certain claims, such as debts or interests, are given precedence over others in the event of a bankruptcy or liquidation.