When Is a Tenant Wrongfully Evicted

question 6

Multiple Choice

When is a tenant wrongfully evicted?

• A)when the landlord breaches the tenant's right to quiet enjoyment
• B)when the landlord fails to maintain the leased premises properly
• C)when the tenant violates a building code statute
• D)when the tenant sublets the premise without permission from the landlord

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Definitions:

Pure Monopolist

A single seller in a market that sells a unique product with no close substitutes, controlling the market price.

Underallocates Resources

A situation where resources are not distributed efficiently, leading to potential waste and underproduction.

Demand Curve

A graph representing the relationship between the price of a good and the quantity demanded by consumers at various prices.

Normal Profits

The minimum profit necessary for a company to remain competitive in the market, often equated to the opportunity cost of capital.