Where a Tenant Sublets, Privity of Contract Between Himself and the Landlord

question 2

True/False

Where a tenant sublets, privity of contract between himself and the landlord comes to an end.

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Definitions:

Excise Tax

A type of tax charged on specific goods, such as alcohol and tobacco, often used to discourage their use and generate revenue.

Tax Burden

The measurement of taxes paid by an individual or business, often expressed as a percentage of income or revenue.

Consumers

Consumers are individuals or entities that purchase goods or services for personal use and not for manufacture or resale.

Long Run

The time period in which all inputs can be varied.