Which of the Following Is a Possible Valid Defense by a Renter

question 53

Multiple Choice

Which of the following is a possible valid defense by a renter who is faced with a legal action for eviction for nonpayment of rent?​

• A)breach of the implied warranty of habitability
• B)refusal by landlord to waive fees for late payment of rent
• C)refusal by landlord to negotiate in good faith for a lower, more reasonable rent
• D)recent sale of the apartment to a new owner who has announced a plan to raise rents as soon as current leases expire

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Definitions:

Substitution Effect

The change in consumption patterns due to a change in the relative prices of goods, leading consumers to replace more expensive items with less expensive ones.

Interest-Rate Increase

A rise in the cost of borrowing money, reflected in a higher percentage charged on loans and credits.

Consumer Optimum

A state where a consumer has allocated their resources in such a way that maximizes their utility, given their budget constraint.

Income Effect

The change in consumption that results from changes in real income, affecting the purchasing power of consumers.