Marriott Builds a Hotel and Sells It for a Generous

question 40

Short Answer

Marriott builds a hotel and sells it for a generous profit. The hotel company runs the hotel for a set number of years and receives a fee for this service. This type of ownership is known as a __________ .

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Definitions:

Debited

Denotes an entry on the left side of an account, indicating an increase in assets or expense or a decrease in liabilities or equity.