Examlex
The federal government requires a car manufacturer to have a minimum miles per gallon (mpg) average over the models it makes. Suppose that the mpg's for four of the five models of a manufacturer are 19, 22, 28, and 26, and the manufacturer just meets the government standard of 31 mpg. Find the mileage for the fifth model.
Contract
An agreement between two or more entities that holds legal validity and can be enforced in a court of law.
Restrictive Covenant
A clause in a deed or lease that limits how the property can be used, often to maintain the value or character of the land.
Rental Revenue
Income derived from leasing properties or assets to tenants, including residential, commercial, or industrial spaces.
Lease
A legal agreement wherein one party grants the other the right to use an asset (e.g., property, vehicle) for a specified period in exchange for payment.
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