Brian just began graduate school at the local university and is looking to rent an apartment. A family friend has decided to lease him a two-bedroom, one-bathroom cottage through an oral agreement with no definite lease period outlined. Which of the following leasehold estates best describes Brian's situation?
a) tenancy at sufferance
b) tenancy for years
c) periodic tenancy
d) tenancy by the entirety
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Brian just began graduate school at the local university and is looking to rent an apartment. A family friend has decided to lease him a ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A hyperlink: A. can tell you if the battery on your laptop is running low. B. can take the user to an external Internet site. C. can run the grammar check function. D. can spell check your slide presentation.
Answers (1)
On January 1, 2016, Wasson Company purchased a delivery vehicle costing $58,300. The vehicle has an estimated 8-year life and a $4,700 residual value.
Answers (1)
True or False: If Kevin's Fire Engines were a competitive firm instead and $80,000 were the market price for an engine, decreasing its price from $80,000 to $60,000 would result in the same change in the production quantity and, thus, total revenue.
Answers (1)
A raffle has a grand prize of a European cruise valued at $15000 with a second prize of a weekend in San Diego valued at $1500. If each ticket costs $4 and 12000 tickets are sold, what are the expected winnings for a ticket buyer
Answers (1)
Determine the net income of a company for which the following information is available for the month of September. Service revenue $ 300,000 Rent expense 48,000 Utilities expense 3,200 Salaries expense 81,000
Answers (1)
New Questions in Business
Rules of Debit and CreditThe following table summarizes the rules of debit and credit. Indicate whether the proper answer is a debit or a credit.
Answers (1)
Around which latitude (s) would you expect to find rainforests, and why? (you may enter up to 150 characters.)
Answers (1)
An investor would like to invest $60,000 in two stocks from a list of six suggested by a broker. how many investments are possible if the investor wants to invest $50,000 in one stock and the rest in another
Answers (1)
Hubbard Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During January, the kennel budgeted for 2,100 tenant-days, but its actual level of activity was 2,060 tenant-days.
Answers (1)
Explain how to determine gross profit on an income statement by selecting the correct statement below. Cost of goods sold is added to net sales. Cost of goods sold is added to sales discounts. Sales is subtracted from cost of goods sold.
Answers (1)