Q1.The
court in this case is trying to determine whether certain residence
hall contracts are leases or licenses. Why does it make a difference? (Choose the
best answer)
I
am not prepared.
.
The
court wants to know if an Illinois statute requiring the payment of
interest on security deposits applies to the residence hall contracts.
An
Illinois statute requires the payment of interest on security deposits
to tenants under a lease. Since
the court determines that the statute applies to leases, not to
licenses, it is necessary to characterize the residence hall contracts
as leases or licenses.
Students
may be moved from room to room only if the residence hall contracts
are licenses rather than leases.