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  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 7: Understanding the Concepts of Lessor, Lessee, and Minimum Rent
  5. Question
    The Minimum Rent Can ………………………
Solved

The Minimum Rent Can ………………………

Question 20

Question 20

Multiple Choice

The minimum rent can ……………………….be proportionately, if there is a stoppagedue to strike.


A) Increase
B) Decrease
C) No change
D) all

Correct Answer:

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Q21: Short working = …………………- Royalty Payable<br>A)Minimum rent<br>B)Capital<br>C)Cash<br>D)None

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Q23: Short working is ………….<br>A)Excess of minimum rent

Q24: Which of the following statement is false<br>A)If

Q25: Lessee is the…………<br>A)Owner<br>B)User<br>C)None<br>D)Both

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