If a Consumer Prefers Apples to Bananas and Prefers Bananas

question 104

Multiple Choice

If a consumer prefers Apples to Bananas and prefers Bananas to Citrus Fruit,in order to satisfy assumptions about preferences she has to prefer

• A) Bananas to Apples.
• B) Citrus Fruit to Bananas.
• C) Apples to Citrus Fruit.
• D) Citrus Fruit to Apples.

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Definitions:

Tenancy for Years

A leasehold interest in property for a fixed period that is greater than one year.

Month-to-Month Tenancy

A type of rental agreement that does not have a set end date but continues on a monthly basis until either party decides to terminate it.

Tenancy at Will

A rental agreement allowing a tenant to occupy property for an indefinite period, terminable by either landlord or tenant at any time.

Tenancy at Sufferance

A situation where a tenant remains in the property without the landlord's consent after the lease period has ended.