Brady West signed a lease with Harold Gomes for a store. The lease contained a term that the tenant would make all repairs
On the first of the month Gomes noticed a leak and gave written notice to Brady in these terms: "You are hereby notified that you are in breach of the lease." One month went by and Brady had not repaired the roof. Gomes wants to evict her. Which of the following is TRUE?
A) The landlord can evict Brady because she has had reasonable notice of the breach of the lease.
B) The landlord can evict Brady because she specifically agreed in the lease to repair the damage and has not done so.
C) The landlord cannot evict Brady because the notice of the breach of the lease was not specific enough.
D) The landlord cannot evict Brady because she has not been given a reasonable time to remedy the breach.
E) both A and B
C
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A debtor is in default. The collateral consists of 100 cows described in the security agreement. Thirty cows were stolen through no fault of the debtor. Which of the following statements is correct concerning the secured party's rights due to the debtor's default?
A. The secured party must take the peaceful possession of the 70 remaining cows before s/he can pursue any remedies. B. If the secured party takes possession, the secured party cannot keep the cows in full satisfaction of the debt, if the debtor has paid 60% or more of the debt. C. If the secured party takes possession and sells the 70 cows, proceeds will be applied to expenses incurred in the keeping of the cows. The costs of sale, and any balance, will be applied to the debt. The debt will then be discharged, even if the proceeds are insufficient to cover the costs and the debt. D. Upon default, the secured party can proceed to recover under the Uniform Commercial Code or proceed with any judicial remedy (such as get a judgment and levy on the debtor's non-exempt property).
Which is not a characteristic of a process-based structure?
a. management defines performance metric standards b. structures organized around 3-5 key processes that define the work of the organization c. work is simplified by removing non-essential tasks and reducing layers of management d. teams are fundamental