1.
(T/F) The likelihood of an occurrence of an unwanted
event is called Risk. T
2.
(T/F) The pursuit of a future return by delaying
consumption and taking an anticipated, desired level of risk is known as an
investing. T
3.
(T/F) A Cash
Flow is the income from a real estate investment realized by the investor after
vacancy and credit loss, operating expenses, and debt service have been paid. T
4.
(T/F) A tax shelter is the reduction in taxable
investment income. T
5.
(T/F) Adjusted basis is not the original basis
in the property improvements. F
6.
One suppl9ier in a particular market that has
control over market prices since there is no competition is called
a_______________?
a.
Oligopoly
b.
Monopoly
c.
Psychic benefit
d.
Pride of ownership
i.
b
7.
What is an Oligopoly?
a.
A market with few suppliers that have some control
over market price.
b.
The control of real estate product within
defined geographic region.
c.
Supplier in a particular market.
d.
The pride associated with the real property
ownership.
i.
A
8.
What is a Taxable income?
a.
Calculate the income use for annual income tax.
b.
A government taxable claim of money.
c.
Analysis the possible income from tax.
d.
Constant payment.
i. a
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