Which of the Following Would Lead to an Increase in the Demand

question 119

Multiple Choice

Which of the following would lead to an increase in the demand for rental apartments in your area?

• A) a reduction in the rental price of apartments
• B) a sharp increase in the number of out-of-town students attending the local college
• C) an increase in the cost of the materials used to construct apartment units.
• D) an increase in unemployment and reduction in the income of people in your area

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Definitions:

Legitimate Business Purpose

A justifiable reason or objective underlying a company's activities or decisions, often assessed in legal contexts to determine the validity of business conduct.

Illegal Agreements

Contracts or arrangements that are prohibited by law due to their nature, purpose, or the means by which they are achieved.

Unconscionable Agreements

Contracts or agreements that are so unfairly one-sided that they are considered void under the law due to the significant imbalance in power and information between the parties involved.

Contracts of Adhesion

Contracts of adhesion refer to standard-form agreements prepared by one party, leaving the other party little or no ability to negotiate more favorable terms.