1.What is a lien? Define and give an example. 2.Define a mechanics lien,

1.What is a lien? Define and give an example.
2.Define a mechanics lien, give an example.
3.Define an artisan’s lien and give an example.
Explain the difference between a secured creditor and an unsecured creditor.
Why you would prefer to be a secured creditor in a bankruptcy.
4. Explain the difference to your personal finances if your business went into bankruptcy if:
You were a partnership;
You were a L.L.C. or Corporation.
5. Discuss what laws are in place to protect creditors.
Define and give examples.
6. Discuss what laws are in place to protect creditors.
Define and give examples.
7. How can you improve your performance? (Note: nothing gets nothing.)
This is a self-evaluation. You need to state what you did well and what you could improve on.
Be as detailed as possible.