Which of the Following Was the Result in In Re

question 52

Multiple Choice

Which of the following was the result in In re Hydro-Action Inc.,the bankruptcy case in the text involving whether a claimant was entitled to a lien upon a conveyor belt system that it installed?

• A) The court found that a lien was foreclosed because the claimant did not qualify as a mechanic, artisan, or materialman.
• B) The court found that a lien was foreclosed because the transaction did not involve the manufacturing or repairing of an "article" or "building" as required under applicable law.
• C) The court found that a lien was foreclosed because the bankruptcy trustee had priority.
• D) The court found that a lien was available because the claimant qualified as a materialman engaged in manufacturing an article for the debtor thereby satisfying applicable law.
• E) The court found that a lien was available because under principles of equity, it would be unjust to deny the claimant a recovery.

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Definitions:

Subordinates

Employees or team members who are ranked lower in the organizational hierarchy and report to a supervisor or manager.

Team Competence

The combined skills, expertise, and ability of a group to achieve its goals.

Relevant Information

Data or details that are directly related and useful to the matter at hand.

Vroom-Jago Leadership Model

A decision-making model that suggests leaders should adapt their style based on the problem context and involvement level of their team.