Question: Payment default under a JOA cannot lead to foreclosure on a lien granted by the defaulting party on its interest, because of the maxim 'law

Payment default under a JOA cannot lead to foreclosure on a lien granted by the defaulting party on its interest, because of the maxim 'law abhors a forfeiture'.

Group of answer choices

True

False

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Law Questions!