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Question
Maggie, the tenant under a one-year lease of an apartment, assigned the lease to her friend, Cosmo. Which of the following is a legally accurate statement?
A. Maggie's assignment of the lease is the same thing as the granting of a sublease.
B. If Cosmo fails to pay rent during the year covered by the lease, Maggie will be liable for it.
C. The assignment extinguishes any further obligations Maggie may have under the lease.
D. Maggie's assignment is called a tenancy for a period.
Answer
This answer is hidden. It contains 87 characters.
Related questions
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A. $20,000 fine and one year imprisonment.
B. $10,000 fine and five years' imprisonment.
C. $20,000 fine and five years' imprisonment.
D. $10,000 fine and one year imprisonment.
Q:
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A. An accountant who prepares and audits financial statements of companies.
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D. An attorney who advises companies on corporation and business laws.