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Landlords are stakeholders in a business, what can we be sure about landlords?YOUR ANSWERYour AnswerThey are external stakeholders of a business.They will evict a business that fails to pay its rent on time.They will receive any rent owed if a business fails.They raise rents when a contract comes up for renewal.

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Landlords are stakeholders in a business, what can we be sure about landlords?YOUR ANSWERYour AnswerThey are external stakeholders of a business.They will evict a business that fails to pay its rent on time.They will receive any rent owed if a business fails.They raise rents when a contract comes up for renewal.

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Solution

As stakeholders in a business, landlords have a vested interest in the success of the business. Here's what we can be sure about landlords:

  1. They are external stakeholders: Landlords do not participate in the day-to-day operations of the business, but they have a stake in the business's success because they rely on the business to pay rent.

  2. They can evict a business for non-payment: If a business fails to pay its rent on time, landlords have the legal right to evict the business from their property.

  3. They are entitled to unpaid rent if a business fails: If a business fails and there is unpaid rent, landlords are typically among the creditors who are entitled to receive payment from any remaining assets of the business.

  4. They can raise rents at contract renewal: When a lease contract comes up for renewal, landlords have the right to raise the rent. This is often subject to local laws and regulations, and usually requires giving the tenant advance notice.

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