A Periodic Lease Terminates Automatically Unless One of the Parties

question 19

True/False

A periodic lease terminates automatically unless one of the parties gives timely notice of an extension.

---

Definitions:

Angel Investment

Financing provided by affluent individuals to startups or small businesses in exchange for ownership equity or convertible debt.

Attitudes

Mental and emotional entities that denote an individual's degree of like or dislike for an item.

Personal Interests

Individual hobbies, passions, and activities outside one’s professional life that provide personal satisfaction and joy.

Entrepreneurs

Individuals who create, launch, and manage new businesses, often taking on significant financial risks in the hope of profit.