A lessee agreed to pay property tax and hazard insurance as well as rent this lease is

a. proprietary lease
b. net lease
c. percentage lease
d. gross lease

Answer: b. net lease

Business

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Which of the following is the MOST likely cause of poor risk management?

A. Lack of a prioritized list of risks B. Poor risk monitoring and control C. Lack of detail in the project scope statement D. Inadequate risk response planning

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In a broad sense, every business asset is ultimately owned by

A) individuals. B) the federal government. C) foreign governments. D) trust funds. E) none of the above

Business