Which of the Following Is an Accurate Statement About Limitations

question 83

Multiple Choice

Which of the following is an accurate statement about limitations on assignment and subleasing in commercial lease agreements?

• A)Public policy supports limitations on assignment and subleasing;therefore,such limitations are almost always upheld.
• B)Ambiguous contract language limiting assignment of leases is narrowly construed and is usually resolved against the landlord.
• C)Provisions requiring a landlord's consent to an assignment are almost never upheld by the courts.
• D)Total prohibitions against assignment can be enforced,and are favored under the law.

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Definitions:

Marginal Cost

The cost of producing one additional unit of a product or service, used in economics to determine the optimum production level.

Output

The quantity of goods or services produced by a firm, sector, or economy.

Total Variable Costs (TVC)

TVC refer to the costs that vary directly with the level of output produced, including expenses such as materials and labor.

Marginal Cost

The cost of producing one additional unit of a product.