A lease in which the lessee is required to pay the property taxes, insurance, and maintenance is known as a:

a. gross lease
b. triple net lease
c. percentage lease
d. ground lease

Answer: b. triple net lease

Business

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Which of the following presentation structures allow the presenter the option to move between topics and level of detail in no particular order?

A) Webcasts B) Nonlinear presentations C) Podcast D) Back channeling E) Linear presentations

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Which of the following statements is FALSE?

A) Managers are much less committed to dividend payments than to share repurchases. B) Share repurchases are a credible signal that the shares are under-priced, because if they are over-priced a share repurchase is costly for current shareholders. C) While an increase of a firm's dividend may signal management's optimism regarding its future cash flows, it might also signal a lack of investment opportunities. D) Managers will clearly be more likely to repurchase shares if they believe the stock to be under-valued.

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