REA-FC5 2025

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KG
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Easy
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20 questions
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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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