Asked by
Meera Ghunaim
on Nov 28, 2024Verified
Business Inc.'s debt to Cartage Company is past due. Cartage brings a legal action against Business to collect. To ensure that a judgment in the creditor's favor will be collectible, Cartage asks the court to order the seizure of the debtor's property. This is a request for
A) an artisan's lien.
B) a mechanic's lien.
C) a writ of attachment.
D) a writ of execution.
Writ of Attachment
A legal document issued by a court that allows for the seizure of property before the finalization of a lawsuit to secure the potential judgment.
Judgment
A formal decision or order given by a court following a legal proceeding.
Seizure
The act of taking possession of an item, property, or individual by legal authority as a result of a law violation or court order.
- Understand the function and consequences of liens in guaranteeing debt repayment.
Verified Answer
CD
Learning Objectives
- Understand the function and consequences of liens in guaranteeing debt repayment.