Debtor-creditor for my special students

Debtor-creditor for my special students

University

16 Qs

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Debtor-creditor for my special students

Debtor-creditor for my special students

Assessment

Quiz

English

University

Hard

Created by

Linguist Eccentric

Used 6+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

judicial lien -

a lien created as the result of a legal process

a lien created by legislation governing the relationship between debtor and creditor

a lien created by agreement between the parties

a lien created by legislation governing the relationship between creditor and laypeople

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

statutory lien

a lien created as a the result of a legal process

a lien created by agreement between the parties

a lien created by legislation governing the relationsip between debtor and creditor

a lien created by TSUL governing the relationship between debtor and creditor

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

remedies -

a legal instrument which creates a claim upon real estate in order to secure the payment of a debt

a claim imposed on a person against whom a judgment has been entered but remains unsatisfied

a claim against property which secures payment for taxes owed to the government

a way of solving a problem or ordering someone to make a payment for harm or damage they have caused, using a decision made in a court of law

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

collapse -

a prejudgment interest in assets resulting from a court order or writ to seize such assets

a legal right to property an owner gives to a creditor as collateral for repayment of a debt through the creation of a security agreement

the sudden failure of a system, organization, business, etc.

a right created by a court order or writ directing the seizure of assets of a debtor in order to enforce a judgment

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

invoke

a claim resulting from a legal proceeding in which a creditor requests a court to order a third party holding property of or owing money {e.g. wages} to the debtor to release the relevant property/money to the creditor

to request or use a power outside yourself, especially a law or a god, to help you when you want to improve a situation

a claim against real property which secures payment for work or services carried out on that property

a legal instrument which creates a claim upon real estate in order to secure the payment of a debt

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

mortgage -

a legal instrument which creates a claim upon real estate in order to secure the payment of a debt

a claim against property which secures payment for taxes owed to the government

a claim imposed on a person against whom a judgment has been entered but remains unsatisfied

a prejudgment interest in assets resulting from a court order or writ to seize such assets

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

security interest -

a prejudgment interest in assets resulting from a court order or writ to seize such assets

a right created by a court order or writ directing the seizure of assets of a debtor in order to enforce a judgment

a legal right to property an owner gives to a creditor as collateral for repayment of a debt through the creation of a security agreement

a claim against real property which secures payment for work or services carried out on that property

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