An “acceptance of an offer is the clear manifestation of assent to the terms of the offer” (Rogers, S., 2012). To accept the offer I needed to bring the first months and the security deposit to the office. According to T. Taylor of the Luter School of Business, a “ubiquitous monthly rent plus security deposit is the standard contract in the United States and many Western countries” (2007). The deposit amount that a person needs to come up with will very from company to company. The reason this is done is to “safeguard the lease agreement while not unduly burdening the tenant’s with large payments up-front” (Taylor, …show more content…
If I fail to pay the rent by the specific day, a penalty will occur. I will own ten percent of the $1050.00 every day after the day four until it is paid. I also breach the contract if I fail to abide by the rules of the contract. If I damage the apartment in anyway other than normal wear and tear. I have to pay for damages or risk the chance of losing my deposit or be sued for damages by the leasing company. If I bring a pet without making the deposit I have breached the contract. With that being said, I would have to pay the $500.00 pet deposit or remove the pet from the