Marian Met with the Owner of a Warehouse and Contracted

question 80

Multiple Choice

Marian met with the owner of a warehouse and contracted for factory space for a two-year term.The amount to be paid ($2400 yearly) and the premises were made clear,but nothing else was discussed.The law,however,implies some terms.Which of the following is a term of the contract?

• A)The landowner has no obligation to provide vacant possession at the time the lease period is to start.
• B)The premises will be reasonably fit for Marian's purpose.
• C)The tenant is responsible for normal wear and tear.
• D)The landlord need not provide quiet enjoyment of the premises.
• E)Usually neither the landlord nor the tenant has an obligation to make repairs where normal wear and tear is involved.

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Definitions:

Residual Standard Deviation

A measure of the amount of variance in a dataset not explained by the predictive variables, often used in regression analysis.

Total Abnormal Return

The sum of the differences between the expected return on a security, based on a model like the CAPM, and the actual return over a specific period.

Bogey Portfolio

A benchmark portfolio against which the performance of an investment portfolio can be measured.

Bonds

Financial instruments representing loans made by an investor to a borrower, typically corporate or governmental, which are expected to be paid back with interest.