Which of the Following Statements Is TRUE with Respect to Statutory

question 11

Multiple Choice

Which of the following statements is TRUE with respect to statutory liens that apply in the context of bailments?

• A) the statutory lien provides a right to retain possession, but not a right of sale
• B) if goods are sold under a statutory lien, any money not required to discharge the debt is paid to the bailor
• C) the legislation provides a lien to every type of bailee, as long as the bailment is not gratuitous
• D) statutory liens are effective regardless of who has possession of the relevant property
• E) statutory liens are restricted to "common callings," such as innkeepers and common carriers

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