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A company plans to downsize over the next year.Which of the following would be the BEST way to prepare employees for this negative announcement?
Abandonment
The act of relinquishing property, rights, or responsibilities without the intention of reclaiming them at a later date.
Leased Premises
Property rented under a lease agreement, where the lessee has the right to occupy and use the property for a specified term.
Rent Default
The failure to pay rent as stipulated in a lease agreement, potentially leading to eviction or legal action.
Eviction Proceedings
The legal process by which a landlord obtains a court order to remove a tenant from a leased property due to a violation of the lease agreement.
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