In Many States Rental Deposits Are to Be Kept in a Bank

question 215

True/False

In many states rental deposits are to be kept in a bank account separate from the landlord's general funds.

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Definitions:

Good

A tangible product or item that satisfies some human want or need, which can be transferred or sold from one person to another.

Profits And Losses

A financial metric indicating the positive (profits) or negative (losses) financial outcomes of a business's operations.

Scarce Resources

Resources that are limited in supply and are not available in sufficient quantities to satisfy all the various ways a society wants to use them.

Society

A group of individuals living together in a more or less ordered community with shared laws, traditions, and values.