Which of the Following Would Best Fit the Definition of a NORC

question 12

Multiple Choice

Which of the following would best fit the definition of a NORC?

• A)a nursing home set up to resemble an apartment living situation
• B)a planned retirement village in Florida where only those 65+ can live
• C)an assisted living facility that offers various stages of assistance
• D)a community in Arizona where many 65+ people have relocated to due to the nice weather and multiple facilities that cater to their needs

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Definitions:

Void

A term describing a legal document that is null and has no legal force or effect.

Willful

Actions done intentionally or with reckless disregard for the outcome, particularly relating to misconduct or negligence.

Restrictive Covenant

A clause in a contract that restricts or limits one party from engaging in certain activities, often to protect business interests.

Breach of Contract

A breach of contract occurs when one party fails to fulfill their obligations under the contract, leading to potential legal consequences or the right for the other party to seek damages.