All Forms of Financial Returns and Tangible Services and Benefits

question 27

Multiple Choice

All forms of financial returns and tangible services and benefits that employees receive as part of an employment relationship are known as _.

• A)relational returns
• B)compensation
• C)total rewards
• D)merit pay
• E)base pay

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Definitions:

Zoning

Regulations governing the use of land and structures within certain areas to control and direct urban growth and land use.

Lien Theory

A legal theory under which real estate acts as security for the repayment of a debt, with the lender holding an interest in the property until the mortgage is paid in full.

Title Theory

A legal concept in real estate that posits that the mortgage lender holds the title to the property until the mortgage is fully paid off.

Mortgagor

The borrower in a mortgage loan agreement, who pledges property to the lender as security for the loan.