Rent Control Continues to Survive Despite Its Flaws Because

question 10

Multiple Choice

Rent control continues to survive despite its flaws because

• A)those displaced by the policy do not live in the community and cannot vote to end it.
• B)economists generally favor it.
• C)landlords like it's simplicity.
• D)it creates economic growth in a city.

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Definitions:

Assignment

The transfer of rights, property, or obligations from one party to another, usually within the context of a contract.

Third-party Beneficiary

This is an individual or group that benefits from a contract although they are not one of the primary parties involved in the agreement.

Incidental Beneficiary

An individual or entity that might receive a benefit from a contract between two other parties, despite not being an intended party of the contract.

Intended Beneficiary

A person for whom a contract is specifically made and who has the right to enforce the contract terms against the parties involved.