In the Elysian Forest Example, the Planned Unit Development Was

question 32

Multiple Choice

In the Elysian Forest example, the planned unit development was destined to be an unsuccessful venture from its inception because:

• A) There was a comparable project in the community that was successful.
• B) The site and location of the project was atypical of the area as there were significant disadvantages in terms of location and visual appeal.
• C) The target market was a nontraditional segment that relied heavily on a small portion of the local University City population.
• D) University City was a big, high density city that could not support such development.

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Definitions:

Consumer Situations

Scenarios involving the interaction or transaction between individuals purchasing goods or services for personal use and the businesses providing them.

Risk

The possibility of loss, damage, or an adverse outcome from an action or event.

Sale of Goods

Refers to the transaction of purchasing and selling tangible personal property.

Risk

The potential for losing something of value, either physically, financially, or emotionally, due to a particular action or event.