In the event that a tenant breaches a duty owed under a lease, what are the possible remedies that may be available to the landlord?
What will be an ideal response?
The landlord has two available remedies. If the tenant remains in the premises and has committed a serious violation such as waste or destruction of the property or continued nonpayment of rent, the landlord may initiate eviction proceedings and have the tenant removed from the rental unit. Waste or destruction entails more than mere wear and tear. Significant repair must be necessary, or the value of the property must be in peril. Nonpayment of rent must be more than lateness or even continual lateness and must be nonpayment over a period of time. Aside from the eviction remedy, the landlord may retain all or part of the security deposit, depending on the nature of the tenant's actions. Both evictions and the retention of security deposits are heavily regulated by state law.
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On April 1, a hardware retailer purchases inventory on account for $1,800. Which of the following correctly describes the effect of this transaction? Assume a perpetual inventory system is used.
A) Merchandise Inventory decreases by $1,800 and Accounts Receivable decreases by $1,800. B) Merchandise Inventory decreases by $1,800 and Accounts Receivable increases by $1,800. C) Merchandise Inventory increases by $1,800 and Accounts Payable decreases by $1,800. D) Merchandise Inventory increases by $1,800 and Accounts Payable increases by $1,800.
A materials requisition is a source document used by production managers to request materials for production and also used to assign materials costs to specific jobs or to overhead.
Answer the following statement true (T) or false (F)
Doctors’ offices, attorneys, hospitals, and the like typically use a(n) ______ to manage customer demand for services.
A. reservation system B. prioritization system C. appointment system D. capacity utilization system
To create a professional image when presenting, you should
A) wear shoes that are a lighter color than your clothing, if in season. B) wear clothing that matches the style and formality of your audience. C) dress two levels up from your audience D) dress slightly better than the audience. E) wear clothing that is a darker color than your shoes.