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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.
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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.

User Lum
by
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1 Answer

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