Shuster’s lease of retail premises from Thurgood requires Shuster to pay certain fees, subject to the landlord’s proof of the correct amount. Thurgood overcharges Shuster for the fees, without explanation.
Most likely, the tenant can rescind the lease:

a) after paying the overcharge.
b) by finding a new tenant for the premises.
c) with prompt notice.
d) under no circumstances.

correct option is c) with prompt notice.

Explanation:

solution

Shuster lease by Thurgood  for pay certain fee  so the tenant can rescind the with prompt notice because Shuster is overcharge without the any explanation its mean that Thurgood is not performing his any duty rightly

so that Shuster is entitle to the withdraw an contract

correct option is c) with prompt notice.

GT Stock

The correct statement concerning the dividend paid on August 1st is:

E. Both Marti and Leslie are entitled to the dividend.

Explanation:

a) Data:

June 7th, Leslie purchased 100 shares of GT stock

July 9th, Marti purchased 100 shares of GT stock

July 20th Dividend is declared (dividend declaration date)

July 11th = date of record for dividend payment

August 1st = date of dividend payment

b) Analysis: Both Leslie and Marti purchased shares of GT stock prior to the date of record.  The date of record is when note is taken of the stockholders who are entitled to dividend.  It is one of the three important dates concerning dividend.  The other dates are the declaration date and the payment date.