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JAMB Commerce 2013 Objective — Question 42

Question 42 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2013 Objective paper, with the correct answer and a full explanation.

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The right to retain possession of goods until the contract price is paid is referred to as

  • A. ultra vires
  • B. a breach
  • C. a lienCorrect
  • D. a promise

Explanation

Lien is the right to retain the possession of the property of another until the other person meets the demands of the person in possession.

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