A Periodic Tenancy Cannot Be Terminated Without Either Party Giving

question 39

True/False

A periodic tenancy cannot be terminated without either party giving advance notice to the other.

---

Definitions:

Nonsystematic Risk

The part of an investment's risk that is attributable to firm-specific or industry-specific factors and can be mitigated through diversification.

Volatility

A statistical measure of the dispersion of returns for a given security or market index, often used to quantify the risk of the security or market.

Sensitivity

The degree to which a financial asset's price responds to changes in underlying factors, such as interest rates or market volatility.

Systematic

Refers to the risk inherent to the entire market or market segment, which cannot be eliminated through diversification.