Which of the following statements is true of a sublease?
A) The sublessee acquires all rights under the original lease agreement.
B) The landlord can sue the sublessee to recover rent payments.
C) The landlord and the sublessee do not have a legal relationship.
D) The sublessee has a duty to pay rent only to the landlord.
C
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An extremely high inventory turnover ratio may be a signal that the company is losing sales due to inventory shortages.
Answer the following statement true (T) or false (F)
Which statement is true about content validity?
A. It is most suitable for tests that measure abstract qualities. B. It is useful for tests that measure intelligence and leadership quality. C. It indicates how free a measurement is from random errors. D. A test that scores high on content validity tends to score low on generalizability. E. It is usually measured on the basis of expert judgment.
A company that receives money in advance of performing a service. What is the journal entry for the transaction?
a. Unearned Revenue – Debit; Accounts Payable – Credit b. Cash – Debit; Unearned Revenue – Credit c. Cash – Debit; Prepaid Fees – Credit d. Cash – Debit; Accounts Receivable. – Credit
Planned shopping centers are characterized by _____
a. central ownership or management and balanced tenancy b. a high concentration of office buildings and retail stores c. no adjacent retailers d. low rental costs