Under Which of the Following Transfers by a Tenant of the Tenant's

question 21

Multiple Choice

Under which of the following transfers by a tenant of the tenant's rights in a lease is the transferee obligated to make rent payments to the original tenant?

• A) assignment
• B) sublease
• C) both A and B
• D) neither A nor B

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Definitions:

Productivity

The assessment of how effectively a person, machine, factory, or system can transform inputs into valuable outputs.

Labor Input

Refers to the total hours worked or the number of employees engaged in production in the economy.

Goods and Services

The tangible products (goods) and intangible activities (services) that satisfy human wants and needs and are offered in the market.

Market Economy

An economic system in which production and prices are determined by unrestricted competition between privately owned businesses.