One method of guarding against credit risk is to assess a risk premium based on the estimate of default risk exposure that a borrower carries.

a. true
b. false

Ans: a. true

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A function of a property manager is the supervision of normal maintenance and repair to the property. Which of the following acts would most likely would require additional approval of the owner?

A. Scheduling regular painting. B. Repair of the broken window. C. Renovation of tenant's unit D. Fix a broken air-conditioner

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Intuition is based on expertise that stems from experience, and excludes feelings and emotions

Indicate whether the statement is true or false

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