1. Creating a mechanic's lien on property automatically ensures that the contractor who filed the lien will receive money.

1. An artisan's lien remains in effect regardless of whether the artisan retains the property.

1. Both artisan's and mechanic's liens are super-priority liens.

1. Attachment is the same thing as a writ of execution.

1. At any time before the sale of real property subject to a mortgage, the debtor may recover the property by paying the debt along with additional costs and interest.

1. If proceeds of the sale of real property do not cover the debt, the mortgagee can seek a deficiency judgment.

1. A composition agreement is a contract between creditors and a debtor in which the creditors agree to accept a lesser amount to satisfy the debts and discharge the rest of the debt.

1. An assignment for the benefit of creditors is an involuntary proceeding instituted generally by a bankruptcy court.

1. A suretyship and a guaranty are the same thing.

1. A surety is secondarily liable to the creditor for a debtor's debt.

Answer True or False for each question.