Which One of the Common Contingencies Is Usually Included with a Permanent

question 14

Multiple Choice

Which one of the common contingencies is usually included with a permanent financing agreement?

• A) Completion date for construction phase.
• B) Minimum rent-up requirements
• C) Materials used in construction phase
• D) Cleanliness of work area

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Definitions:

Nonmaterial

Pertaining to aspects of a culture or society that are not physical or tangible, such as beliefs, values, rules, and norms.

Social Change

The alteration over time in societal structures and cultural norms and values, which can result from collective human actions, policies, or natural events.

Loosely Defined Norms

Social rules that are not strictly enforced or are vague in nature, often leading to varied interpretations.

Substantial Number

A phrase referring to a significant or considerable amount or quantity of something.