Question
Distinguish between the right of lien and stoppage-in-transit.
Answer :
Word Count : 460
The right of lien and stoppage-in-transit are two legal concepts that allow parties involved in a transaction to protect their interests. Here is a comparison :
| Right of Lien | Stoppage-in-Transit |
|---|---|
| Definition: The right to retain possession of goods until payment has been made in full. | Definition: The right to stop the delivery of goods in transit until payment has been made in full. |
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