A Data Storage Company Realizes That Its Facilities Are Used

question 90

Essay

A data storage company realizes that its facilities are used most by financial institutions. It capitalizes on the opportunity and starts storing specific financial information only and is now one of the most sought-after financial databases. What strategy has the company employed?

---

Definitions:

Habitable Condition

The requirement that a living space must meet certain standards of safety and livability as defined by law.

Lease Abandonment

The act of a tenant leaving a leased property before the lease term has ended, without intent to return and without the landlord's agreement.

Landlord Accepts

The act of a landlord agreeing to terms, often referring to lease agreements or accepting conditions related to property occupancy or repair.

Obligation to Pay Rent

A legal duty of a tenant to pay the agreed-upon rental amount to the landlord for the use of property.