In the Context of Residential Tenancies,a Tenant's Failure to Pay

question 94

Multiple Choice

In the context of residential tenancies,a tenant's failure to pay rent can lead to an application by the landlord to a residential tribunal requesting that the back rent be paid or the tenant be evicted.Additionally,with respect to the tenant's property in the rental unit,the landlord may:

• A)seize and sell any of the tenant's property for failure to pay rent.
• B)seize the tenant's property for failure to pay rent but not sell it,providing the tenant with a period of time to come up with the back rent.
• C)change the locks on the rental unit and arrange for public auction on notice to all interested parties including the tenant.
• D)do absolutely nothing as far as seizing and selling the tenant's property is concerned,given that the remedy of distress in the residential context has been abolished.
• E)offer the tenant's property to a new tenant but only if any sale proceeds are turned over to the defaulting tenant.

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Definitions:

Socially Desirable

Refers to actions or policies that are widely accepted and promoted by society because they are considered beneficial for the majority of its members.

Efficient

An attribute of systems, processes, or devices that use the least amount of inputs to achieve the highest amount of output or desired effect.

MSB

Marginal Social Benefit, referring to the additional benefit to society as a whole from consuming one more unit of a good.

MSC

MSC, or Marginal Social Cost, is the total cost to society of producing one additional unit of a good or service, including both private costs and externalities.