Which of the Following Is a Benefit of Owning a Home

question 164

Multiple Choice

Which of the following is a benefit of owning a home?

• A) Having a place to live.
• B) Having a mortgage payment offset by income from renters.
• C) Having an investment that you could sell later for a profit.
• D) All of these answer choices are correct.

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Definitions:

International Shoe

A foundational legal case in personal jurisdiction law within the United States, establishing the "minimum contacts" standard.

Due Process Clause

A constitutional provision that guarantees fundamental fairness and reasonable treatment in legal and administrative proceedings.

Corporate Charter

A legal document that establishes a corporation and outlines its structure, rights, and responsibilities.

Imposing Criminal Penalties

The act of enforcing legal sanctions or punishments for violations of criminal laws.