Word-Of-Mouth Information Through Friends and Family May Turn Up Business

question 46

True/False

Word-of-mouth information through friends and family may turn up business opportunities that do not appear through formal channels.

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Definitions:

Lease Abandonment

The act of a tenant leaving a leased property before the lease term has ended, without intent to return and without the landlord's agreement.

Landlord Accepts

The act of a landlord agreeing to terms, often referring to lease agreements or accepting conditions related to property occupancy or repair.

Obligation to Pay Rent

A legal duty of a tenant to pay the agreed-upon rental amount to the landlord for the use of property.

Lessee

A person or entity that leases or rents property from a lessor, obtaining the right to use the property according to the terms of the lease agreement.