A lease for a six-month term would be classified as a a. tenancy for years. b. periodic tenancy. c. tenancy at will. d. tenancy at sufferance.

Which of the following is an effective strategy when interest rates are falling? a. use long-term loans to take advantage of current low rates. b. use short-term loans to take advantage of lower rates when you refinance a loan. c. deposit to a short-term savings instrumentals to take advantage of higher interest rates when they mature. d.select short-term savings instruments to lock in earnings at a current high rates.