A landlord must have a valid reason for ending a tenancy with a 30- or 60-day notice.

a. true
b. false

Answer: b. false

Business

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If the commercial tenant only pays rent, the tenant most likely has a

A) gross lease B) net lease C) percentage lease D) ground lease

Business

Which of the following ratios does NOT measure efficiency or activity of an entity?

a. Accounts receivable turnover b. Age of accounts receivable c. Net cash flow to current liabilities d. Times interest earned

Business