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BaLLatris [955]
3 years ago
8

Landlord-Tenant relationships are established by lease contracts. State the Rights and Duties of the Landlord-Tenant Relationshi

p (Possession, Use and Maintenance, etc.). What are Transferring Rights to Leased Property? Explain an Assignment; a Sublease.
Business
1 answer:
Delicious77 [7]3 years ago
5 0

Answer: The landlord would have to make the environment conducive for leaving and the tenant would have pay rent and refrain from causing problems

Explanation:

The landlord and tenant have rights and duties to perform. The main duty of the landlord is to meet the warranty of habitability; ensuring the premises is safe and is in livable condition.

Whereas the duty of the tenant is to pay rent, ensure the environment occupied is neat, avoid causing problems for individuals around and refrain using the property for illegal purpose.

The right transferred by lease is an agreement by the tenant (the assignor) to transfer all of his or her rights, title, and interest in the lease to another person (the assignee).

A sublease is the lease of a property by a tenant to a subtenant.

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Let's assume you are the beneficiary of your great Aunt's life insurance policy. Sadly she passed away yesterday. You elect to r
Oksanka [162]

Answer: The life insurance annuity payment is $50,926.10

Explanation:

GIVEN THE FOLLOWING ;

PRESENT VALUE(PV) = $500,000

INTEREST RATE (r) = 8% = 0.08

PERIOD (n) = 20 years

Recall, formula for ordinary annuity:

Annuity = (Rate × PV) ÷ ( 1 - (1 + r)^-n)

Annuity = (0.08 × $500,000) ÷ (1 - (1 + 0.08)^-n)

Annuity = ($40,000) ÷ (1 - (1.08)^-20)

Annuity = $40,000 ÷ 0.7854517925

Annuity = $50,926.10

Therefore, the life insurance annuity payment for 20 years at 8% interest rate will be $50,926.10

5 0
3 years ago
Read 2 more answers
Used office supplies of $4,940. The Office Supplies unadjusted balance on December 31 is $9,200. Adjustment Type: Supplies Expen
stiks02 [169]

Answer:

Deferrals / Prepaid  

              Supplies Expense

Date        Debit        Credit      Date

31-Dec    $4,940

Balance $4,940

                 Office Supplies

Date        Debit        Credit      Date

31-Dec    $9,200      $4,940    31-Dec

Balance  $4,260

7 0
3 years ago
At the end of the prior year, Doubtful Inc. had a deferred tax asset of $18,500,000 attributable to its only timing difference,
iren [92.7K]

Answer:

Journal entries to record Doubtful's income tax expense for the current year.

No   Account titles and Explanation             Debit'$    Credit'$

1       Income tax expense                             8,945,000

                  Deferred tax asset                                     3,800,000

                  [(42,000,000*35%) - 18,500,000]

                   Income taxes payable                               5,145,000

                   [(14,700,000*35%)]

         (To record tax expenses)

2        Income tax expense                            1,270,000

                 Valuation allowance - deferred tax asset  1,270,000

                   (3,730,000 - 5,000,000

          (To record valuation allowance)

7 0
3 years ago
Which investment type typically carries the least risk?
hichkok12 [17]

Cash Equivalents are least risky investment that can be made. While they do have low returns compared to Stock and Bonds investing.

Hope this helps. 

4 0
3 years ago
Social media sites can provide a firm with insights into a consumer's opinions about the firm and Blank______. Multiple choice q
Mars2501 [29]

Social media sites can provide a firm with insights into a consumer's opinions about the firm and the opinions about the firm from the consumer's neighbors.

<h3>How social media helps the firm to get the idea of trends?</h3>

Social media helps the company to get the trend and idea about the latest things going on in the world or the latest challenges going on the world. Everything which is happening on the country was on social media platform.

Thus, option B is correct.

For more details about social media helps the firm to get the idea, click here:

brainly.com/question/26865450

#SPJ1

7 0
2 years ago
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