Which of the following statements is true about a lease?

A. It is primarily a conveyance of land with relatively little attention paid to its contractual aspects.
B. It does not come under the purview of doctrines such as unconscionability.
C. It generally offers a tenant greater bargaining power over the landlord.
D. It conveys to the tenant the exclusive right to possess property for a period of time.


Answer: D

Business

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Healthy Farmer, Inc. has 46,000 shares of common stock outstanding and 3000 shares of preferred stock outstanding. The common stock is $0.03 par value; the preferred stock is 7% noncumulative with a $100.00 par value. On October 15, 2019, the company declares a total dividend payment of $43,000. What is the total amount of dividends that will be paid to the common stockholders?

A) $43,000 B) $22,000 C) $1380 D) $9000

Business

A contract comes into existence when an offeree communicates his/her ________ to the offeror

A. acceptance B. counteroffer C. revocation D. firm offer

Business

Hotelkeepers often provide a safe in which guests can store valuables, money, jewelry, or important documents

Indicate whether the statement is true or false

Business

The selling price of Old Corporation's only product is $180.00 per unit and its variable expense is $37.80 per unit. The company's monthly fixed expense is $483,480. Required: Assume the company's monthly target profit is $56,880. Determine the unit sales to attain that target profit.

What will be an ideal response?

Business