The Landlord May Evict the Tenant If He or She

question 38

Multiple Choice

The landlord may evict the tenant if he or she:

• A) subleases the property or assigns the property to someone else.
• B) does not maintain common areas of the property.
• C) does not pay rent.
• D) does not protect the property from criminals.

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Definitions:

Acid Test Ratio

A financial metric that assesses a company's ability to pay off its short-term liabilities with its quick assets (cash, marketable securities, and receivables).

Current Assets

Assets that are expected to be converted into cash within one fiscal year or one operating cycle, whichever is longer.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of a business.

Inventory

the total amount of goods or materials held in stock by a company, available for sale or use in production.