Examlex
Match these terms to their correct definition.
-Measures the proportion of each sales dollar that is profit.
Security Deposits
Funds held by a landlord or property manager for a potential need related to rental property damage or non-payment, to be returned or applied as specified in a rental agreement.
Written Accounting
A detailed, formal report that records financial activities and transactions, typically prepared by an accountant or auditor.
Implied Warranty
An unwritten guarantee that the product or service sold is fit for the purpose intended and meets the buyer's expectations.
Quiet Enjoyment
A tenant's right to occupy and use a rental property without disturbance by the landlord or others with superior title.
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