After entering into a commercial lease agreement, the answer is since there is no right of first refusal, all Terrell can do is ask Lorna whether she will lease the adjoining space to him.
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What is a commercial lease agreement?</u></h3>
- A commercial lease is an agreement for the rental of property between a landlord and a company. Because renting costs less money than buying, most businesses will prefer to do so.
- Because the terms are changeable and change significantly from lease to lease, commercial lease agreements are more difficult than residential leases.
- Understanding the terms of the lease, which outline each party's obligations and rights, is crucial before signing a business lease.
Verify that the conditions of a commercial lease agreement will suit the demands of the company before signing. Unfavorable outcomes may result from failing to establish requirements before signing a lease.
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Answer: True
Explanation:
Cost-volume-profit analysis is refered to as the predictive tool that can be used for the determination of the profit consequences of the price changes, future cost changes, price and the volume of the activity changes.
It requires the management to classify all the costs as either fixed cost or variable cost with respect to production or sales volume within the relevant range of operations.
Answer: spoofing or phishing
Explanation: Spoofing is the act of concealing, as a known, reliable source, a communication from an anonymous source.Spoofing can be extended to emails, phone calls, and websites, or may be more sophisticated, such as an IP address spoofing device, Address Resolution Protocol (ARP) or Domain Name System (DNS) server.
Fraudulent sending of emails by reputable companies to force individuals to reveal personal information, such as passwords and credit card numbers.
Hence from the above we can conclude that the given case relates to spoofing or phishing.
