Choose the One Most Appropriate Answer for Each

question 59

Multiple Choice

Choose the one most appropriate answer for each.
-nonpayment of rent would be grounds for this

• A)actual eviction
• B)assignment
• C)constructive eviction
• D)contract rent
• E)CPM, RPA
• F)gross lease
• G)holdover tenant
• H)landlord-tenant laws
• I)lessee
• J)lessor
• K)month-to-month lease
• L)net lease
• M)on-site management
• N)participation clause
• O)percentage lease
• P)rent concession
• Q)security deposit
• R)step-up rent
• S)sublessee
• T)sublet

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Definitions:

Business Activity

Any action that is engaged in for the primary purpose of making a profit, including operations, marketing, and production.

Planning

The process of outlining business objectives, strategies, and actions to achieve those objectives.

Treasury Bonds

Long-term government securities issued with the promise of payment upon maturity with a fixed interest rate.

Return

The income generated from an investment or the gain from an asset relative to the investment's or asset's cost.