James is unable to pay all of his bills and pay his mortgage payment. His second mortgage lender forecloses the property. James has first mortgage, a second mortgage, and there is a mechanicâs lien; his property taxes are also not paid. Which liens will be paid first?

Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.