A Court Awards a Judgment to Alice,who Is the Creditor,against

question 47

Multiple Choice

A court awards a judgment to Alice,who is the creditor,against Ada,who is the debtor.After the judgment,Alice requests a court order to seize Ada's property to ensure that the judgment will be collectible.This is

• A)a judicial lien.
• B)a writ of attachment.
• C)a writ of execution.
• D)aviolation of most state laws.

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Definitions:

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The process of replacing a product with a newer version or installing a newer version of software to improve functionality or performance.

Repair

The action of fixing or restoring something that is broken or damaged back to its original condition.

Equivalent Annual Cost

A financial analysis tool used to compare the cost effectiveness of two or more alternative investments, taking into account both the initial investment and the annual operating costs.

Discounted Payback

A capital budgeting method that calculates the time required to break even on an investment based on the discounted cash flows.