MATCHING Choose the Item in Column 2 That Best Matches

question 19

Multiple Choice

MATCHING. Choose the item in column 2 that best matches each item in column 1.
-Management contract

• A)One flat price that covers meals and free access to water attractions and entertainment activities at resorts
• B)An arrangement for hotel companies to operate properties at a fee but not to have capital investment in the properties
• C)The largest vacation ownership company
• D)Destination resorts
• E)A travel-and-use product that is based on point system
• F)Time share of a unit for a block of time
• G)A system where properties can use the same name and design but are operated and owned by different companies

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Definitions:

Divisible

Characterized by being capable of division or separation into distinct and independent parts or portions.

Illegal Part

Refers to a segment or clause within a contract or agreement that is not permissible by law.

Legal Part

An element or section of a legal document that addresses a specific point or issue.

License Fee

A payment made for the right to use intellectual property, software, or other legally protected entities.