Unit 2 - Vocabulary and Definitions Quiz - Part 1

What is real estate?

• Land and anything built on it, like houses, buildings, or stores.

• Money you pay regularly to use something that belongs to someone else.

• The amount of space inside a building or room.

• A building or space where businesses sell things directly to customers.

What does rent refer to?

• Land and anything built on it, like houses, buildings, or stores.

• Money you pay regularly to use something that belongs to someone else, like an apartment or a building.

• The amount of space inside a building or room.

• A building or space where businesses sell things directly to customers.

Define square footage.

• The amount of space inside a building or room, measured by how many square feet it covers.

• Land and anything built on it, like houses, buildings, or stores.

• Money you pay regularly to use something that belongs to someone else.

• A building or space where businesses sell things directly to customers.

What is a retail property?

• A building or space where businesses sell things directly to customers, like a store or shopping center.

• A building or space used to make, store, or ship goods, like factories and warehouses.

• Land and anything built on it, like houses, buildings, or stores.

• The amount of space inside a building or room.

What is an industrial real estate property?

• A building or space used to make, store, or ship goods, like factories and warehouses.

• A building or space where businesses sell things directly to customers.

• Land and anything built on it, like houses, buildings, or stores.

• Money you pay regularly to use something that belongs to someone else.

What is Artificial Intelligence (AI)?

• Technology that helps machines or computers think and solve problems like humans do.

• A building or space used to make, store, or ship goods.

• The amount of space inside a building or room.

• Land and anything built on it, like houses, buildings, or stores.

Draw a picture of a product your family buys every week.

Write the name of the product.

Define service.

• An action or job that someone does for others, like cutting hair or fixing cars.

• Something you can touch and buy, like a phone, a shirt, or a toy.

• Tools and materials that businesses need to work.

• The money a business spends to make products or provide services.

What are business supplies?

• Tools and materials that businesses need to work, like paper, pens, or cleaning products.

• An action or job that someone does for others.

• Something you can touch and buy, like a phone, a shirt, or a toy.

• The money a business spends to make products or provide services.

Use the vocabulary word "business cost" in a sentence. Write a sentence that shows you know what "business cost" means.