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Jim holds a commercial lease. Last year his rent went up 4% based on a 4% increase in the wholesale price index. What type of lease does Jim have? A) Revolving lease. B) Wholesa…

Jim holds a commercial lease. Last year his rent went up 4% based on a 4% increase in the wholesale price index. What type of lease does Jim have? A) Revolving lease. B) Wholesa…
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Jim holds a commercial lease. Last year his rent went up 4% based on a 4% increase in the wholesale price index. What type of lease does Jim have?

A) Revolving lease.
B) Wholesale lease.
C) Index lease.
D) Leading Indicator lease.

asked
User Lum
by
7.6k points

1 Answer

4 votes
C. Index Lease
(This question will understand)
answered
User Alexey Odintsov
by
7.5k points
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