1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Morgarella [4.7K]
4 years ago
10

A landlord entered into a 10-year lease of a building with an auctioneer, who planned to use the building itself for a storage a

rea and the covered porch at the front of the building for auctions. A term in the auctioneer’s lease stated, "Lessor agrees to maintain all structures on the property in good repair." Four years into the lease, the landlord sold the property to a buyer. The buyer did not agree to perform any obligations under the lease. As instructed, the auctioneer began paying rent to the buyer. In the fifth year of the lease, the porch roof began to leak. Citing the lease terms, the auctioneer asked the buyer to repair the roof. He continually refused to do so. The auctioneer finally repaired the roof herself at a cost of $2,000. The auctioneer then brought an appropriate lawsuit to recover the money. Absent any other facts, what is the auctioneer likely to recover?
Business
1 answer:
ArbitrLikvidat [17]4 years ago
8 0

Answer:

$2,000

Explanation:

Usually, the landlord is required to notify the tenant if he/she plans to sell the property, but regardless of who owns the property (the original landlord or  a new landlord), the contract terms are valid and must be honored by both the current landlord and the tenant.

The new owner immediately became the new landlord and he/she assumed all the responsibilities stated in the lease contract. Since the lease contract stated that the "lessor (landlord) agreed to maintain all structures on the property in good repair", the new landlord must pay for any necessary repairs.  

You might be interested in
Your digital footprints grow larger online every time you?
Juli2301 [7.4K]
D is the answer!!!!!Hope this helped 
8 0
3 years ago
The concept of "exchange" is fundamental to the definition of marketing. What is the best description of exchange?
ale4655 [162]

Answer:

Marketing exchange

Explanation:

A marketing exchange occurs whenever there is an interaction between two or more people to buy and sell goods or services. An exchange therefor occurs when an person or an organisation makes a decision to meet its need or want and he is ready to pay some money or offer commodities.

The marketing theory states that a utility ought to be derived from an exchange, an it is an indication that what you get from trade is more than you trade.

3 0
4 years ago
What factors affect the time value of money and the cost of borrowing money?
sergejj [24]
1.Interest rates
The interest rate level is moved higher or lower by a country's central bank to either stimulate or slow down an economy. Higher interest rates impose a more costly fee to borrow money while lower interest rates lessen the fee and usually spur more borrowing 



2.Economic growth
The strength of an economy can go a long way to boosting the strength of the nation's currency. A strong growth rate in a country will see a growing demand for products and services with better job prospects for workers as well as being an attractive destination for capital and investments.



3.Inflation
When a product rises in price, it signals that there is an underlying demand for that product. Higher prices may not seem good to a consumer, but it is generally considered healthy for a country to have a moderate increase in inflation in a growing economy.
5 0
3 years ago
What event had an enormous effect on US workplace safety
koban [17]

Answer:

I believe your answer would be D, a deadly factory fire.

Hope this helped!

4 0
3 years ago
Read 2 more answers
The price of a camera decreases from $200 to $180, and in response to the price change the quantity demanded increases from 60 t
bonufazy [111]

The price of a camera decreases from $200 to $180, and in response to the price change the quantity demanded increases from 60 to 70 units. Therefore, demand for cameras in this price range is inelastic.

An economic word known as "inelasticity" describes an item or service's unchanging quantity when its price varies. When prices rise, consumers' purchasing patterns essentially stay the same, and when prices fall, those same purchasing patterns still hold true. This is known as inelastic demand. When an item or service's quantity remains constant when its price increases, it is said to be "inelastic. "When a good or service's price increases or decreases, consumers' purchasing patterns essentially stay the same. The same is true when the price of the good or service decreases. The demand for an item or service that is totally inelastic would not fluctuate regardless of price; however, no such good or service exists. Elastic contrasts with inelastic.

To learn more about inelasticity visit here;

brainly.com/question/28192591

#SPJ4

7 0
1 year ago
Other questions:
  • Cash Payback Period, Net Present Value Analysis, and Qualitative Considerations The plant manager of Shenzhen Electronics Compan
    14·1 answer
  • Tru-U stock is selling for $41 a share. A 6-month call on Tru-U stock with a strike price of $45 is priced at $1.60. Risk-free a
    10·1 answer
  • What are the "marketable" characteristics of snails?​
    5·1 answer
  • The marketing concept works for nonprofit organizations such as colleges and hospitals as well as for businesses whose goal is t
    8·1 answer
  • Which of the following is an example of human capital?
    14·1 answer
  • The program that sought to streamline production and boost profits by systematically controlling costs and work practices was ca
    5·1 answer
  • Discretionary fiscal policy is best described as:______
    11·1 answer
  • Eric wants to invest in government securities that promise to pay $1,000 at maturity. The opportunity cost (interest rate) of ho
    6·1 answer
  • Which one of the following best describes the human need?
    5·1 answer
  • Acc 450 if group auditors make no reference to component auditors whose work they have relied on as a part of the basis for thei
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!