A College Student Is Thinking About Running an Ice-Cream Truck

question 95

Multiple Choice

A college student is thinking about running an ice-cream truck over the summer.Which of the following would likely be an ongoing expense of the business?

• A) The cost of the truck
• B) The cost of the gasoline used
• C) The cost of ice cream scoopers
• D) None of these is an ongoing expense.

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Definitions:

Tenant's Use

The manner in which a tenant is permitted by lease to utilize the rented property.

Landlord's Interest

The ownership interest and rights a landlord possesses in a property, including the right to receive rent and enforce lease terms against tenants.

Zoning

The legislative process for dividing land into zones where specific types of structures or uses are permitted.

Government's Ability

The capacity of government entities to implement laws, carry out policies, and effectively manage the affairs of the state or locality.