Which of the Following Is NOT True

question 63

Multiple Choice

Which of the following is NOT true?

• A)The landlord has a statutory duty to insure the premises for the benefit of the tenant.
• B)A landlord may obtain an injunction to stop a tenant from acting in such a way that would be in breach of the lease.
• C)In the event of a bankruptcy,a landlord has priority over other creditors to the amount of three months' rent.
• D)The landlord's covenant under a lease includes quiet enjoyment of the premises.
• E)Distress is the right of the landlord to seize assets of the tenant found on the premises and sell them to realize unpaid rent.

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Definitions:

Operating Income

Income from a company's main business activities, excluding expenses such as interest and taxes.

Fixed Costs

Costs that do not vary with production volume, such as rent, salaries, and insurance premiums.

Sales Mix

Refers to the combination of different products or services that a company offers, influencing overall sales and profitability.

Unit Contribution Margin

The difference between the selling price per unit and the variable costs per unit, representing how much each unit sold contributes to covering fixed costs and generating profit.