For an Artisan's Lien to Be Effective, the Artisan Must

question 76

True/False

For an artisan's lien to be effective, the artisan must be in possession of the property.

---

Definitions:

Interest Per Year

The annual amount of interest paid on an investment or loan, expressed as a percentage of the principal.

Net Proceeds

The amount of money made on a stock trade after the brokerage fees are paid.

Broker Fee

A flat fee or commission that a stockbroker charges for trade stocks.

Fractional Share

A portion of a single share of a company, allowing investment in smaller amounts than the full share price.