Fact Pattern Rico Signs a Lease on Behalf of Start-Up Games,Inc. ,With

question 37

Multiple Choice

Fact Pattern
Rico signs a lease on behalf of Start-Up Games,Inc. ,with Tower Office Suites.As part of the lease,Rico signs a document titled "GUARANTY," which states that it is "an absolute guaranty" of the lease's performance.
-Refer to Fact Pattern 15-1B.If Start-Up stops paying the rent,it is most likely that liability or loss for the unpaid amount will rest with

• A)no one.
• B)Rico and Start-Up.
• C)Tower Office Suites.
• D)the other tenants on the same property.

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Definitions:

Competitors

Businesses or individuals that compete within the same market for resources and customers.

Information Technology

Includes all of the computing resources that collect, store, and analyze data.

Nonpersonal Source

A communication or marketing message delivered through media or other channels that do not involve personal contact or direct interaction.

Computing Resources

Refers to the hardware and software components, such as servers, computers, software applications, and networks, that are necessary for processing, managing, and storing data.