Exam (elaborations)
Gold coast schools real estate chapter 15 questions with 100% correct answers
- Course
- Institution
Gold coast schools real estate chapter 15 questions
[Show more]
Seller
Follow
Content preview
Gold coast schools real estate chapter 15 questionsWhich of the following best describes the free enterprise system?
a. A market system b. A centralized system c. A socialist system d. A communist system - answersa. A market system
All of the following statements apply to the real estate market, EXCEPT:a. Situs value is
value resulting from location. b. Real estate is immobile c. Each parcel of real estate is unique. d. The real estate market is national in nature. - answersd. The real estate market is national in nature.
How does the real estate market react to shifts in consumer demand? a. Rapidly b. Slowly c. Not at all d. Through changes in zoning laws - answersb. Slowly
Which of the following market factors will typically result in increased demand? a. A decrease in prices b. A decrease in income c. An increase in mortgage interest rates d. A decrease in population - answersa. A decrease in prices
In the real estate market, what is a developer considered to be? a. A lender b. A competitor
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller SALVADO. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.29. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
78112 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now