Frank Performs a Contract with Gene to Add a Garage

question 67

Multiple Choice

Frank performs a contract with Gene to add a garage to Gene's property, but Gene does not pay. Frank can file a lien on Gene's property if, from the last date labor or materials were provided, he acts​

• A) ​immediately.
• B) ​within 60 to 120 days.
• C) ​within two years.
• D) ​within a reasonable time.

---

Definitions:

Expected Variance

The anticipated value of the squared deviation of a random variable from its mean, used to predict the volatility or risk of financial returns.

Holding-Period Return

Is the total return received from holding an asset or portfolio of assets over a period of time, typically expressed as a percentage.

Dividend

A portion of a company's earnings distributed to shareholders, typically in cash or additional stock.