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Vladimir79 [104]
3 years ago
13

In most states, when a bailor refuses to provide the agreed-on compensation to the bailee, the bailee may ultimately sell the pr

operty after proper notice and a hearing. In order to enforce the right to sell the property, the bailee is given a _____ on the property.
Mathematics
1 answer:
Aleksandr-060686 [28]3 years ago
7 0

Answer:

The bailee is given a possessory lien on the property.

Step-by-step explanation:

In such cases, the bailee is given a possessory lien on the property.

A possessory lien is a type of right for the creditor, under which the creditor has the right to remain in possession of a property until the debtor or payee has completely paid off he debt.

A lien is a security claim that a person (creditor) has over the property of another one (debtor) in lieu of the given debt.

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