Law · Law of Lien
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: A particular lien allows a lienholder to retain possession of all the properties of a debtor until all outstanding debts owed by the debtor are completely satisfied. Reason R: A general lien covers all properties of a debtor for any general balance of account, while a particular lien only applies to a specific property tied directly to an unpaid service charge or obligation. In the light of the above statements, choose the correct answer from the options given below:
- 1Both A and R are correct and R is the correct explanation of A
- 2A is not correct but R is correct✓
- 3A is correct but R is not correct
- 4Both A and R are correct but R is NOT the correct explanation of A
Correct answer
A is not correct but R is correct
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