Trump Organization Sets Deadline For Buyers Interested In D.C. Hotel

Trump Organization Sets Deadline For Buyers Interested In D.C. Hotel

Assessment

Interactive Video

Social Studies

University

Hard

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The Trump Organization is considering selling its lease on a Washington DC hotel, with a deadline for bids set for January 23rd. The company seeks $500 million, though this price is seen as high by brokers. The lease, signed before Trump's presidency, has been controversial. If sold, the new owner could rebrand the hotel without the Trump name.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the deadline for submitting a bid for the Trump Organization's Washington DC hotel?

February 1st

March 15th

January 23rd

December 31st

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When did the news about the potential sale of the Trump Organization's property start to spread?

December 2019

November 2019

October 2019

September 2019

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is the Trump Organization asking for the lease of the Washington DC hotel?

$500 million

$700 million

$600 million

$400 million

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the duration of the lease signed by Trump's company for the old post office building?

50 years

40 years

60 years

30 years

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could the new owner of the hotel do if the Trump Organization sells the lease?

Keep the Trump name

Rebrand the hotel

Demolish the building

Convert it into apartments