Which of the Following Statements Is TRUE with Respect to Statutory

question 70

Multiple Choice

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

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

---

Definitions:

Social Networking

The use of dedicated websites and applications to interact with other users or to find people with similar interests to oneself.

Contract

A legally binding agreement between two or more parties with specific terms and conditions.

Limits

Boundaries or constraints that define the scope, extent, or nature of something, often established to regulate behaviors or processes.

Social Networking

A platform or space online where individuals can connect, share, and interact with each other.