REA-FC5 2025

REA-FC5 2025

KG

20 Qs

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Assessment

Quiz

Other

KG

Easy

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The right of a government to acquire property for public use through a court action called condemnation.

Eminent domain

Property tax

Zoning law

Easement

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A document evidencing formal employment between the employer and the employee.

Employment contract

Job offer letter

Employee handbook

Termination notice

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Clauses in a deed limiting the future users of the property.

Easements

Deed restrictions

Covenants

Liens

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The nonperformance of a duty, whether arising under a contract or otherwise.

Breach

Default

Negligence

Violation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A residential multi-unit building whose title is held by a trust or corporation that is owned by, and operated for, the benefit of persons living within the building.

Cooperative

Condominium

Apartment Complex

Townhouse

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of capital held in a business for its day-to-day operational needs.

Working Capital

Fixed Capital

Equity Capital

Debt Capital

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A method that indicates the value of an intangible asset by comparing estimated profits or cash flows.

With and Without Method

Cost Approach Method

Market Approach Method

Income Approach Method

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