Explain how economies of scale are important to real estate development. Give an example, too
What will be an ideal response?
Increasing the number of units built on the same parcel of land reduces the cost per unit because the overhead costs are spread over more units. For example, building 10 units rather than 5 units on the same parcel of land which costs $100,000.00 to acquire reduces the land's cost per unit from $20,000.00 per unit to $10,000.00 per unit. This is also known as density.
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Which of the following occurs during the initial appearance before a judge?
a. The judge informs the defendant of the charges made in the complaint b. The judge advises the defendant of the right to counsel c. The judge advises the defendant of the right to remain silent d. All of these choices are correct
?What is the Superfund? What parties are responsible for the cleanup of hazardous waste sites?
What will be an ideal response?
A docket control system consists of
a. a calendaring system b. a tickler system c. a file review system d. a and b only e. all of the above
Another term for a transmittal letter is a:
A) information letter B) cover letter C) confidentiality letter D) demand letter