If a tenant remains in possession after the termination of the lease without permission of the landlord, the landlord may treat the tenant as either a trespasser or a tenant. Until the landlord elects to do one or the other, a tenancy __________ exists

A) at sufferance
B) at will
C) for years
D) from year to year


A

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Suppose the banking market in Cedar Rapids consists of banks that have the following shares of the market: 24 percent, 18 percent, 17 percent, 14 percent, 9 percent, 8 percent, 4 percent, 3 percent, 2 percent, 1 percent. Calculate the HHI.

A. 100 B. 576 C. 780 D. 1,560

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When a periodic inventory system is used, ________

A) an adjusting entry is needed to record the ending Merchandise Inventory account balance B) the process for closing the Income Summary and Dividends accounts differs from the process used in the perpetual inventory system C) beginning Inventory, Purchases, and Freight In accounts are closed via the Income Summary Account D) there is no need to take a physical count of inventory

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Which type of change might include a shift from a functional to a product structure?

A. a structural design change B. a structural component change C. a technological change D. a people change

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In a completely randomized experimental design involving five treatments, 13 observations were recorded for each of the five treatments (a total of 65 observations). The following information is provided. SSTR = 200 (Sum Square Between Treatments) SST = 800 (Total Sum Square) The number of degrees of freedom corresponding to within treatments is

a. 60 b. 59 c. 5 d. 4

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