As Property Manager of a 15-Unit Apartment Block, You Receive

question 87

Multiple Choice

As property manager of a 15-unit apartment block, you receive rent payments on the first of every month from each tenant. Mrs. Lone, in apartment 105, whose rent is $500 per month, lost her job and was in dire financial difficulties. You agreed to take only $400 per month. For the last ten months, she has paid only $400 a month, but you have learned that for 4 months she has had a new and even better-paying job. You are angry that she failed to tell you this and you want to sue her for the entire amount of back rent ($1000) . Which of the following arguments could she use most effectively against you?

• A) Promissory estoppel
• B) Mistake
• C) Undue influence
• D) Breach of contract
• E) Duress

Understand the dynamics of power relations in interviews and strategies to minimize power imbalances.

Grasp the core principles of multiple sociological theoretical perspectives and how they can be applied to research on families.

Differentiate between quantitative and qualitative research approaches and provide examples of each.

Compare and analyze content analysis and secondary analysis, including practical examples.

---

Definitions:

Floating Rate

An interest rate that fluctuates over time with the market or an underlying benchmark.

Exotic

Often refers to a type of financial instrument or investment that is complex and not traditional, involving unique characteristics or structures.

Fisher Effect

The relationship between nominal returns, real returns, and inflation.

Nominal Rates

Interest rates or rates of return that have not been adjusted for inflation, representing the face value of financial products.