Equitable lien, Business Law and Ethics

Equitable Lien

General examples are for the lien of an unpaid seller about land who that has moved out of possession to unpaid purchase money and such the right of partners on dissolution such for partnership property applied in their payment of the firm's liabilities and various balance divided in profit of sharing ratio. Therefore an equitable is a right in equity for certain property applied in the particular way. Whether it attaches independently about the possession of the property and such is enforced through applying to the Court for an instruct for sale.

Posted Date: 2/2/2013 7:21:54 AM | Location : United States







Related Discussions:- Equitable lien, Assignment Help, Ask Question on Equitable lien, Get Answer, Expert's Help, Equitable lien Discussions

Write discussion on Equitable lien
Your posts are moderated
Related Questions

Question a) What is a company? b) The Companies Act 2001, there shall be a Registrar of Companies. What are the functions of the Registrar? c) What is the procedure fo

Domicile law of UK However a person's domicile is such country in where he either has or is deemed through law to have, his permanent home.  Hence it is the country of permane

QUESTION 1 Explain clearly how Public Policy making constitutes a major function of Government QUESTION 2 Account for the role of Public opinion in the identification o

Dishonour by Non-Acceptance The drawee is not prepared to meet the bill, such he will return it for the holder by means of a note to this effect, such the bill is then so said

Directors Report: By S.157 (1) the balance sheet must have attached to it a directors' report on the company's affairs, including the amount, if any, which they recommend shou

Types of Contract - Law of Contract However common law of US relating to the contract classifies contracts with the following categories as; Specialty Contra

Every person is having different set of knowledge and skill with them which is different from other individual, this difference in skill and knowledge factor among various individu

You and a friend form a corporation (Company) together selling refurbished handbags.  Your responsibilities are to decide sales and your friend's, Patty, is to manage operations an

Effects or Consequences of Illegality Misdemeanour Or Illegality renders a contract unenforceable.  However the contract creates no rights and imposes no obligations at the pa