If you hold an undivided interest in the common areas, and a separate interest in a specific unit of an industrial, commercial or residential building, you would own a

A. stock cooperative.
B. condominium.
C. community apartment project.
D. land project.

Answer: B. condominium.

Business

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You have $5,000 in an index mutual fund. At an average annual rate of return of 10% per year, this investment should exceed a value of $500,000 by the time you retire in 40 years

Indicate whether the statement is true or false.

Business

An organization should acquire software from in-house developers when:

A) the supported task is generic. B) complete systems that cross functional boundaries are needed. C) the task requires custom support and the system cannot be built internally. D) the resources and staff are available and the system must be built from scratch. E) there is a pre-built option

Business