Which of the following is a primary reason for the problem in finding qualified people for manufacturing jobs?
A) The skills of reading, writing, and arithmetic are still sufficient.
B) There are few opportunities for learning in-demand technical skills.
C) Outsourcing has caused a generation of young people to doubt the long-term future in manufacturing jobs.
D) Today's companies are not interested in hiring workers with technical skills.
Answer: C
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A property owner has defaulted on his mortgage and the lender has filed a foreclosure action to have the property sold to satisfy the lien. If the property has several liens, which of the following would have first priority?
A. A three year old mortgage lien for $96,000. B. A one year old judgement lien for $8,000. C. A mechanic's lien of $1,200 for work stared six months ago. D. A special assessment tax lien for $500 levied one year ago.
Of the following, which would most nearly refer to loss in value due to economic obsolescence:
A: An architectural design which is declining in popularity; B: A change in nearby zoning; C: Poor management of the property; D: An increased demand for larger units.