A landlord has an obligation to repair premises:

A) under the common law if the lease has no related provision.
B) and, if the landlord assumes that duty in the lease, the breach of the duty entitles the tenant to abandon the premises and refuse to pay rent.
C) including lobbies, stairways, elevators, and other common areas.
D) All of these.


C

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The term applied to the amount of cost to transfer to expense resulting from a decline in the utility of intangibleassets is

a. allocation b. depreciation c. amortization d. depletion

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The dean at Corbin Business College disseminated a new five-year strategic plan to department chairs. This is an example of

A. external communication. B. downward communication. C. corporate communication. D. horizontal communication. E. informal communication.

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Which costing method can only be used when it is possible to identify units as coming from specific purchases?

A) Specific identification B) FIFO C) Average-cost D) LIFO

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Which country belonging to the DR-CAFTA trade agreement has the largest economy?

A. Costa Rica B. Honduras C. El Salvador D. Nicaragua E. Dominican Republic

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