Which of the following would be granted the greatest priority?
A) A perfected secured lien
B) A secured lien
C) An attached lien
D) A preliminary lien
E) An artisan's lien

Question

Quizplus · Accepted Answer

An artisan's lien has such high priority because the artisan has added value to the goods in question, and can only realize the value of the of the parts and labor that was added. An artisan's lien is possessory, meaning that generally the lien has priority only as long as the creditor keeps possession of the collateral.

Which of the Following Would Be Granted the Greatest Priority