Marcia signed a lease for six months. When the term was over, she refused to move and refused to pay rent. What is true?
a. she has an estate at sufferance
b. she has an estate at will
c. she has a freehold estate
d. she has an estate from period to period
Answer: a. she has an estate at sufferance
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Which of the following is true?
A. transaction analysis is completely different under IFRS and GAAP B. most transactions are recorded differently under IFRS and GAAP C. transaction analysis is the same under IFRS and GAAP, but some transactions are recorded differently D. all transactions are recorded the same under IFRS and GAAP
Which of the following is true of operations-oriented pricing?
a. It involves maintaining a fixed price for a product or a service throughout the year. b. It focuses on maximizing the surplus of income over costs. c. It seeks to match supply and demand by varying prices. d. It tries to maximize the number of customers using a service by improving its quality.