A message is clear ONLY when ________

A) it contains information that is easily interpreted or understood
B) it has been agreed upon by both the sender and the receiver
C) it has been spoken in a voice that can be easily understood
D) it has been written in words that anybody can understand

A

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The monthly GRM is 120. The annual income is $24,000. What is the value of the property?

A) $24,000 B) $240,000 C) $288,000 D) 2,888,000

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Which of the following would most likely provide an investor with the best hedge against inflation:

A: United States government bonds; B: A savings account at the bank; C: Ownership of real property; D: A note well secured by a first mortgage.

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