Examlex
According to C.K.Prahalad,the first stage of globalization is _____.
Lease Abandonment
The act of a tenant leaving a leased property before the lease term has ended, without intent to return and without the landlord's agreement.
Landlord Accepts
The act of a landlord agreeing to terms, often referring to lease agreements or accepting conditions related to property occupancy or repair.
Obligation to Pay Rent
A legal duty of a tenant to pay the agreed-upon rental amount to the landlord for the use of property.
Lessee
A person or entity that leases or rents property from a lessor, obtaining the right to use the property according to the terms of the lease agreement.
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