The total security deposit allowable for an unfurnished residential unit may not exceed:

a. one month's rent.
b. two months' rent.
c. three months' rent.
d. $1,000.

Answer: b. two months' rent.

Business

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A decrease in the domestic interest rate shifts the expected return schedule for ________ deposits to the ________ and causes the domestic currency to depreciate

A) domestic; right B) domestic; left C) foreign; right D) foreign; left

Business

Reducing the investment base involves decreasing idle cash, managing credit judiciously, determining proper inventory levels, and spending carefully on long-term assets

Indicate whether this statement is true or false.

Business