The Payment in Return for the Use of Capital Is

question 146

Multiple Choice

The payment in return for the use of capital is _____.

• A) profit
• B) wages
• C) rent
• D) dividends
• E) interest

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Definitions:

Real Estate Agent

A licensed professional who represents buyers or sellers in real estate transactions, facilitating the sale or lease of properties.

Express Agreement

A clear and unambiguous mutual understanding or contract between parties, typically in written or spoken form, regarding the terms of their arrangement.

Legal Rules

These are principles or directives enacted by a governing body that regulate behavior and are enforceable by the imposition of penalties for violations.

Commission

A fee paid to an agent or employee for transacting a sale, calculated as a percentage of the sale price.