306_PRACTICE_exam_1_ANSWERS - REAL ESTATE PROCESS 306 First...

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REAL ESTATE PROCESS 306 First Exam - PRACTICE (covers Edition 2: Chapters, 1, 2, 15, 3, 5, 6, part 8, 9; excludes questions related to guest speakers) ON THE SCANTRON SHEET WRITE: 1. YOUR NAME 2. YOUR STUDENT IDENTIFICATION NUMBER 3. YOUR DISCUSSION SECTION NUMBER IN THE A, B, AND C SPACES OF THE SPECIAL CODE (301, 302, ETC) 4. NUMBER 1 FOR VERSION 1 IN THE D SPACE OF THE SPECIAL CODE. 301 7:45 AM Tuesday 2170 Grainger Andrew (Drew) Hibbard 302 7:45 AM Wednesday 2170 Grainger Andrew (Drew) Hibbard 303 6:00 PM Tuesday 1270 Grainger Nic Horsfield 305 12:05 PM Friday 1195 Grainger Nic Horsfield 307 6:00 PM Wednesday 1270 Grainger Andrew (Drew) Hibbard 308 1:20 PM Friday 1270 Grainger Nic Horsfield Please use a #2 pencil to fill in the Scantron form. There are 16 true/false questions worth 1 point each and 24 multiple choice questions worth 2 points each. The entire exam has 40 questions and 64 points . Select the one BEST answer . YOU HAVE 50 MINUTES FOR THIS EXAM. BE SURE AND ANSWER ALL QUESTIONS. EXAM GROUND RULES 1. No dictionaries or programmable calculators allowed in the exam, 2. No one is allowed to temporarily leave the room once the exam has started. If you leave the room before you have finished the exam, you will NOT be allowed to return and complete it. Of course, you can leave the room early if you have completed and turned in your exam. 3. When the instructor says the exam time is ended, STOP ALL WORK and bring the exam to the front of the room. 4. Make sure you fill in the scantron form with your name, student identification number, and discussion section BEFORE the exam time is ended . We will not allow you to fill in those items once time is called. 1
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Make sure you fill in the corresponding circle on the attached computer answer sheet (scantron sheet) with your No. 2 pencil. No credit for answers you forgot to indicate on the scantron. ONE POINT QUESTIONS: 1. A more risky investment will tend to have a higher yield rate and lower value a. True b. False 2. Investment value is the value of a RE asset based on its cash flows - Poor question a. True b. false 3. In large cities, many prominent structures are built on air rights alone. a. True b. False 4. As noted in class, Epic’s move to Verona is causing new businesses to open. Epic is an example of an base industry for Verona a. True b. False 5. Modern office structures and retail facilities were not possible before the development of air- conditioning and fluorescent lighting.
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  • Spring '08
  • McCabe
  • a. b. c.

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