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Which of the Following Are the Two Approaches That Help

question 23

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Which of the following are the two approaches that help answer the corporate-level question, 'What business(es) do we want to be in?'


Definitions:

Default

The failure to fulfill a legal obligation, such as not making a scheduled payment on a loan.

Public Restrictions

Legal limitations placed by government entities on how properties can be used, often to designate zoning and land use.

Private Restrictions

Limitations imposed by private parties rather than governmental entities on the use of property, often found in deeds or homeowners' association rules.

Land

The solid part of the earth's surface including the ground and all natural resources and features.

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