A Clause Which Requires a Tenant in Retail Space to Achieve

question 18

Multiple Choice

A clause which requires a tenant in retail space to achieve a certain level of sales or the lease will be terminated is referred to as a:

• A)Kickout clause
• B)Termination clause
• C)Option clause
• D)Santa clause

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Definitions:

Group Structure

The arrangement and organization of individuals within a group, including roles, relationships, and hierarchies, that influence the group's function.

Cohesive

Describes a unit, group, or material that is well integrated, maintaining unity and working well together towards common goals.

Potential Performance

The capability or capacity for achieving or exceeding specified goals or outcomes, usually regarding an individual's or organization's future achievement level.

Code Of Professional Conduct

A set of guidelines and ethical standards designed to govern the behavior and decision-making of professionals in a specific field.