What is the primary function of mechanics lien

Assignment Help Operation Management

Reference no: EM132136910

1. Which thing does a potential lien claimant need not consider?

A What state the project is in

B Whether the project is public or private

C When is the project’s completion date

D Whether the project is residential or commercial

2. What is the primary function of a mechanics’ lien?

A It is a claim against the owner

B It is a claim against a contractor

C It is security for a claim on a construction project

D It is security for the loan that finances the project

3. You are a subcontractor who won a contract to perform work on a project in Ohio. You started work on Day=0 but did not file a Notice of Furnishing until Day=60. You ultimately worked a total of 90 continuous days on the project. It’s been 40 days since your last day of work on the project, and the GC has yet to pay you for any of this work—all your invoices are overdue. You have lien rights on the value of work provided on which days?

A Days 0-21

B Days 0-39

C Days 39-60

D Days 39-90

E None of the above.

Reference no: EM132136910

Questions Cloud

Word count is up to your discretion based on content : Word count is up to your discretion based on the content and context as outlined in this assignment.

Evaluate the performance of each of the three projects : MBA641: Strategic Project Management Assessment, Kaplan Business School, Australia. Evaluate the performance of each of the three projects

How organisation to rise to become employer : How an organisation to rise to become an employer of choice?

Organizational structure and employees : Why you chose this customer Store location and brief history and Organizational Structure and Employees and Overall store atmosphere.

What is the primary function of mechanics lien : Which thing does a potential lien claimant need not consider? What is the primary function of a mechanics’ lien?

An impact on the human condition for centuries : The written word has had an impact on the human condition for centuries. We have all been touched in some way or another by literature.

Analyze how personal experience affects ones interpretation : Analyze how personal experience affects one's interpretation of humanities texts.

Describe the substitution and scale effects : Suppose Oregon proposes indexing the minimum wage to inflation. Describe the substitution and scale effects you anticipate with this policy?

Do you think that the taxicab industry in large cities : Do you think that the taxicab industry in large cities would be subject to significant economies of scale? Why or why not?

User Account

All Pages