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Best Bank Lends $3,000 to Juan to Purchase a Car

Question 37

Multiple Choice

Best Bank lends $3,000 to Juan to purchase a car and Juan signs a loan agreement granting Best Bank a lien on the car. This is an example of what type of lien?


A) Statutory
B) Consensual
C) Judgment
D) Approved
E) Evaluated

Correct Answer:

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