Uncontrollable forces are external forces over which management cannot exert any influence.

A tenant learns her building has been sold to a new landlord. The sale of the property

a. Automatically terminates all preexisting leases. b. Automatically renews the lease for an additional term, although the tenant has the option of declining the renewal. c. has no effect on existing leases, and the tenant must make timely rent payments to the new owner. d. terminates the lease, but the tenant is entitled to a legal holdover tenancy for the remainder of the lease term.

To establish a probability distribution, the relative frequency for each possible outcome of the variable is found by dividing the frequency of observation by the total number of observations

Indicate whether the statement is true or false