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According to the economic aspect of the triple bottom line concept, the firm is required to compensate shareholders by paying dividends and growing the value of their common stock faster than their competitors.
Periodic-Tenancy Lease
A rental agreement that automatically renews for successive periods (such as monthly or yearly) until either party terminates it.
Tenancy-At-Will Lease
A lease that may be terminated by the parties at any time.
Tenancy-At-Sufferance Lease
A lease that is created when a tenant who was lawfully in possession of a leased property remains in possession of that property unlawfully after the lease ends because the person with the power to evict him failed to do so.
Landlord-Tenant Relationship
A legal arrangement between the owner of a property (landlord) and a person who has been granted temporary possession (tenant).
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