Insofar as real property is concerned, the major cause of loss of value is due to:

A: Deterioration;
B: Passage of physical life;
C: Obsolescence;
D: Lack of maintenance.

Answer: C: Obsolescence;

Business

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Chile decided to become only an associate member of Mercosur and hence participates in the free trade area aspect of Mercosur as well as the customs union

Indicate whether the statement is true or false

Business

Rajesh owns a company based in Kentucky that sells solar-powered cooling systems. Although business is marginal in other warm-weather countries of the world due to various tariffs, the company has brisk sales with Mexico

What is Rajesh's business benefitting from? A) dumping B) the NAFTA C) the Mercosur D) embargoes E) APEC

Business