Statement describes the principle of conformity

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Reference no: EM132221303

1. Which statement describes the principle of conformity?

A) No rational person would pay more for one property than for another of like design, quality, and utility.

B) Homogeneity in design and quality creates the most reasonable value for a property, while a property that is dramatically different from its surroundings is invariably lowered in value.

C) The value of an addition to a property is a function of what it adds to the overall profitability of the property, not just its construction cost.

D) Most investors make their investment decisions based on the measurement of the present value of the anticipated net income stream.

2. The Fair Housing Act protects which of these groups against discrimination?

A) Violently disturbed persons

B) Low income persons

C) Industrial property tenants

D) Physically disabled persons

3. Most labor-intensive manufacturing enterprises are located in

A) downtown areas.

B) outlying areas.

C) commercially zoned areas.

D) warehouse buildings.

4. Thomas Hobbes felt that we needed strong government control in order to achieve ethical behavior.

True

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5. Which incentive is NOT normally offered by communities that are trying to attract new industries?

A) Guaranteed employee wages

B) Bonds for building

C) Waiver of inventory tax

D) Property tax subsidies

Reference no: EM132221303

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