Final answer:
True, a lien is a claim on property due to an unpaid debt that affects the property until the debt is cleared. The crop lien system is an historical example of such a practice.
Step-by-step explanation:
The statement that a lien is a claim upon a part of another's property that arises because of an unpaid debt related to that property is true. This lien operates as an encumbrance on the property until the debt is satisfied. An example of such a claim is the crop lien system, which was prevalent in the South, allowing farmers to use their future crops as collateral for loans. However, high interest rates often kept borrowers in a cycle of debt, preventing prosperity even with good yields. Collateral is generally a valuable asset that a lender can seize if a loan isn’t repaid, as seen with the crop lien system where the crops themselves became the collateral.