The government requires a developer to provide off street parking for tenants. The developer will suffer a loss because he may not use the parking area to build additional units as he intended. This is an example of

a) eminent domain
b) inverse condemnation
c) police powers
d) escheat

Answer: c) police powers

Business

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You are in the process of purchasing a new home. Expenses that the buyer and seller incur when finalizing the transfer of the ownership of the house are called

A) end costs. B) finalization costs. C) transfer fees. D) closing costs. E) none of the above.

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People who scored low on the consideration dimension

A) are identified as impoverished management. B) are classified at middle-of-the-road management. C) are primarily concerned with getting the job done. D) don?t care much about how they get along with their subordinates.

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