Barb invests in and owns properties and derives income principally from the rents. Barb is most likely conducting business as a(n):
A. Equity REIT
B. Mortgage REIT
C. Deed of Trust REIT
D. Hybrid REIT
A
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Which of the following should be considered regarding compensation?
a. Is the salary an annual salary or will you be paid by the hour? b. Is the salary negotiable? c. Is there an annual bonus? d. All of these choices are correct
If as self-proof affidavit has not been executed, the probate court will require the testimony of how many witnesses in open court?
a. None b. One c. Two d. Three
If a plaintiff claims that three defendants are liable for the plaintiff's injuries, but one dies before
trial, the plaintiff could recover damages from the other two defendants because of A) proof of willful, wanton and reckless conduct B) a wrongful death statute C) joint and several liability D) the doctrine of res ipsa loquitur
A percentage rent clause in a retail lease will generally provide that a percentage of the tenant’s net income will be paid to the landlord as rent.
Answer the following statement true (T) or false (F)