What Kinds of Changes Would You Expect to See in the Short

question 55

Essay

What kinds of changes would you expect to see in the short term, if the main employers in a CBD were to relocate to another city? What long-term changes would follow if alternative employers do not replace those who have departed?

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Definitions:

Consent

Agreement or permission given by a person with full understanding of the facts and implications of an action or decision.

Creditor Beneficiary

A third party that benefits from a contract, especially one to whom a debtor owes a payment or performance.

Debt

An obligation or amount of money owed by one party to another, typically as a result of a loan or credit arrangement.

Contracts

Legally enforceable agreements between two or more parties that create mutual obligations.