Kuan- yin rented a commercial property to Roger for one month. Which of the following statements is TRUE?
A) Roger may be liable to pay rent even if the lease did not specify the monthly price.
B) The lease may be for either a fixed term or an indefinite duration.
C) If the lease is a fixed- term tenancy, it will automatically be renewed at the end of one month unless either Kuan- yin or Roger provides notice to quit.
D) The parties must set the minimum term of the lease, but they may leave the maximum term open- ended.
E) If the lease is a periodic tenancy, it will expire at the end of one month unless either Kuan- yin or Roger provides notice to renew.
Correct Answer:
Verified
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