A tenant rented an apartment, signing a 15-month lease. After the lease expired, the tenant paid 1 month's rent and got a receipt. What kind of leasehold goes the tenant have holdover tenancy
A holdover tenant is a tenant who continues to occupy a rental after the lease has ended. The holdover tenant can continue to occupy the property legally if the landlord accepts rent payments; the length of the holdover renter's new rental term is determined by state legislation and court decisions. The tenant is seen to be trespassing if the landlord refuses to accept any additional rent payments, and if they do not leave right away, an eviction may be required.
- A holdover tenant is one who keeps making rent payments after the lease has ended. To avoid starting eviction procedures, the landlord must also concur.
- In a murky space between a full rental agreement and trespassing, holdover tenancy exists. All parties are better protected by even a one-sentence agreement, thus it should be taken into consideration.
- The month-to-month rental clause that is found in the majority of lease agreements frequently eliminates this problem.
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Operations support systems are generally used by managers at lower levels of an organization. Therefore, the correct answer is option 'D'.
An operational support system (OSS) is a collection of computer programs or information technology (IT) system used by communications service providers to monitor, control, analyze, and manage a computer or telephone network system.
OSS software is designed specifically for telecommunications service providers and is primarily used to support network processes such as network inventory management, network component configuration, service provisioning, and fault management.
With the proliferation of new broadband and Voice over Internet Protocol (VoIP) systems, OSS and network management are increasingly being applied to home networks.
An OSS is also referred to as a business support system (BSS).
Hence, the correct option is 'D'.
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The dictionary definition of a corporation is "<span>a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law." So basically a company that has been given the legal rights of a person. Examples of this would be Google, or Burger King because they are given these legal rights by the government.</span>
Answer:
$2,317,000
Explanation:
The computation of the weighted-average accumulated expenditures for interest capitalization purposes is shown below:
For expenditure on March 1
= $1,932,000 × 10 months ÷ 12 months
= $1,610,000
On June 1
= $1,212,000 × 7 months ÷ 12 months
= $707,000
On December 31, it would be zero
So, the accumulated expenditures is
= $1,610,000 + $707,000
= $2,317,000
