Examlex
Which of the following is not a current asset?
Periodic Tenancy
A lease agreement that continues for successive periods (e.g., month-to-month) until either party wishes to terminate, given proper notice.
Termination Date
The specified date when an agreement, policy, or employment period is set to end.
Rental Period
The defined length of time for which a lessee has the right to use the leased property.
Commercial Lease
A legally binding agreement between a landlord and a business for the rental of property used for commercial purposes.
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