Adding a Fireplace to a Home Will Increase the Value

question 21

Multiple Choice

Adding a fireplace to a home will increase the value of the house by _____ and make it much more attractive to prospective home buyers.

• A) approximately $12,000 to $15,0000
• B) a maximum of $10,000
• C) approximately $5,000 to $10,000
• D) a maximum of $6,000

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Definitions:

Legal Exceptions

Provisions or circumstances that alter the application of laws in specific cases, often providing exemptions from certain legal requirements.

Covenants Not to Compete

Agreements often included in employment contracts that restrict an employee's ability to engage in business activities that compete with their employer after the employment ends.

Sale of Business

The process or transaction in which ownership of a business is transferred from one party to another.

Breach of Contract

The violation of any terms or conditions in a contract without legal justification.