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Glen purchases a used church bus and plans to renovate it and use it as...

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Accounting

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Glen purchases a used church bus and plans to renovate it and use it as a camper. Glen rips out the seats, nstalls twin beds, builds a custom booth for eating and builds a countertop with a refrigerator and microwave underneath. Glen's neighbor Bill installs custom counters, so Glen asks Bill to do the finishing work on the oooth and countertop. They agree on a price of $35 per hour for labor plus the cost of materials, payable in cash. Glen pays for the materials as soon as they are purchased. When the work is finished, Bill returns the bus Glen and gives him an invoice for $700. Three days later, Glen refuses to pay the bill because he believes it is oo high. Does Bill have an artisan's lien on the bus? Yes, Bill has an artisan's lien because he performed work on the buitfor value and in good faith. Yes, Bill has an artisan's lien on the bus because he improved the value of the bus. No, Bill does not have an artisan's lien on the bus because the payment terms do not include financing terms. No, Bill does not have an artisan's lien on the bus because Bill does not have possession of the bus

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