Multiple choice

A right to retain the possession of goods until the payment of the price is called right of lien.

  1. True

  2. False

  3. Partly true

  4. Cannot say

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A Correct answer
Explanation

Right of lien is the right to retain possession of goods until a debt (usually price) is paid. It's a possessory security - you keep possession but don't own the goods. The unpaid seller has this right under Sale of Goods Act.