Which of the Following Is One of the Implied Rights

question 181

Multiple Choice

Which of the following is one of the implied rights of a lessee of a commercial tenancy?

• A) That the lessee will deliver vacant possession to the new tenant at the time they agreed the lease period would start.
• B) That the lessor will repair unfurnished premises.
• C) That the lessee will give the lessor possession.
• D) That the lessor is assured against the interference by a third party.
• E) That the lessee can use and enjoy the premises for all usual purposes without physical interference from the lessor.

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Definitions:

High Rates

Elevated levels of interest, charges, or other financial metrics compared to a standard or average.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, indicating the financial performance beyond the break-even point.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value.

Physical Capital

Tangible assets used in the production of goods and services, such as machinery and buildings.