Examlex
MATCHING
Match each description with the item below.
-John L. Lewis
Mechanic's Lien
is a legal claim against a property for unpaid construction work or supplies, giving workers and suppliers a form of security for their investment.
Priority
In legal and financial contexts, it refers to the order of precedence in rights, claims, access, or treatment.
Compensated Surety
A guarantor who receives compensation for guaranteeing the performance or obligations of another party.
Accommodation Surety
A third party who guarantees the debt or obligation of another without benefit to themselves, often to help the borrower obtain a loan.
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