Business Practices or Conditions That Make It Difficult for New

question 3

Multiple Choice

Business practices or conditions that make it difficult for new firms to enter the market are referred to as

• A) market obstructions.
• B) barriers to entry.
• C) switching costs.
• D) import-export firewalls.
• E) preemptive practices.

---

Definitions:

Covenant of Quiet Enjoyment

A lease agreement promise that the tenant has the right to freely use the property without interference from the landlord or other claims.

Upstairs Tenant

A person or entity that resides or operates in the upper floors of a multi-story building, often in the context of residential leasing.

Tenancy At Will

A type of tenancy agreement where either the tenant or the landlord may terminate the arrangement at any time by providing sufficient notice.

Lease Terminates

The condition or point in time when a lease agreement comes to an end, either through expiration of its term or by other means outlined in the agreement.