Mr. Johnson owns a home near Methodist University. Natalie signs a rental agreement with Mr. Johnson to occupy Mr. Johnsons home. What is the contractual agreement between Natalie and Mr. Johnson called?

BUSINESS LAW

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Mr. Johnson owns a home near Methodist University. Natalie signs a rental agreement with Mr. Johnson to occupy Mr. Johnson’s home. What is the contractual agreement between Natalie and Mr. Johnson called?

A	Bailment
B	Lease
C	Policy
D	Binder

Explanation:

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BUSINESS ADMINISTRATION

BUSINESS LAW