Which of the Following Is an Accurate Statement of a General

question 64

Multiple Choice

Which of the following is an accurate statement of a general rule regarding security deposits obtained by landlords from tenants under residential property leases?

• A)If the landlord intends to retain part,but not all,of the tenant's security deposit,the landlord complies with applicable legal requirements if he verbally notifies the tenant of that intent.
• B)The landlord is not entitled to use any part of the security deposit to cover the cost of remedying ordinary wear and tear that occurred during the tenant's occupation of the property.
• C)The landlord must always place the security deposit in an interest-bearing account.
• D)As a general rule,security deposits are generally nonrefundable unless the tenant makes a convincing written showing of why part or all of the security deposit should be refunded to him or her.

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Definitions:

Strategic Workforce Management

The proactive approach to managing an organization's employees in alignment with its business goals.

Labour Unions

Organizations that represent workers' interests, negotiating wages, benefits, and working conditions with employers.

Human Resource Management

The strategic approach to effectively managing an organization's employees and workplace culture to achieve its business objectives.

Organizational Performance

The analysis of a company's performance as measured through indicators such as profitability, revenue, efficiency, and overall success in achieving its goals and objectives.