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3 Cards in this Set
- Front
- Back
Accession
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the acquisition of title to personal property by bestowing labor on raw material to transform it into another thing
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Good faith vs. Bad faith
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Good Faith -- reimburse for "stumpage value" & keep your hoops
Bad Faith -- the other guy gets everything, you get nothing you dirty accessor! |
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Lien
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security payment of debt
1. mechanic's lien -- 1st in time, 1st in right (even over a mortgage) |