This preview shows pages 1–3. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: a. Corporate equities b. Mortgage debts c. Government debt d. Nongovernment real estate 6. Storm water drainage systems are best described as: a. Tangible assets b. Improvements to the land c. Intangible assets d. Improvements on the land 7. What is the single largest asset category in the portfolio of a typical U.S. household? a. Real estate b. Consumer durables c. Stocks d. Bonds 8. Real estate markets differ from other asset classes by having all of the following characteristics except: a. Local market b. High transaction costs c. Segmented market d. Homogeneous product 9. Which if the following is not important to the location of commercial properties? a. Access to customers b. Visibility c. Access to schools d. Availability of communications infrastructure...
View Full Document
- Fall '08