Author Question: A proprietary lease: A) Is the same as a regular lease, but longer in length. B) Is the same as a ... (Read 83 times)

awywial

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A proprietary lease:
 A) Is the same as a regular lease, but longer in length.
 B) Is the same as a regular lease, and includes the right of eviction for nonpayment.
 C) Is a form of ownership that carries greater rights than a leasehold interest.
 D) Is required for all forms of multi-unit ownership.

Question 2

All shares must have a par value of at least one dollar per share.
  Indicate whether the statement is true or false



amandalm

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Answer to Question 1

C

Answer to Question 2

FALSE



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