Multiple choice

An unpaid seller loses the right of lien under the following circumstance(s):

  1. Where the seller so conducts himself that he leads third parties to believe that the lien does not exist.

  2. Where seller has waived the right of lien.

  3. Where the buyer or his agent lawfully obtains possession of the goods.

  4. All of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

An unpaid seller loses lien rights by waiving them, when buyer/agent lawfully obtains possession, or through estoppel (conduct leading third parties to believe lien doesn't exist). All three circumstances independently terminate the right of lien.

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