Demarkus Finally Received Financial Backing from His Wealthy Aunt in Order

question 59

Multiple Choice

Demarkus finally received financial backing from his wealthy aunt in order to open a pawn shop.He contacted the landlord of a nearby shopping center since he had his eye on a vacant storefront.To his surprise,his request for a lease was denied.What most likely prevented the landlord from leasing to Demarkus?

• A)a fixed-rate clause
• B)an escape clause
• C)a licensing clause
• D)a prohibited use clause
• E)an exit clause

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Definitions:

Monthly Payment

Periodic payments made towards loans, typically calculated monthly, covering interest and principal repayment.

Rate of Return

The rate of return is a measure of the profitability of an investment, calculated as the percentage of the total amount of returned income to the amount of the investment’s initial cost.

Annual Dividend

An annual profit sharing from a corporation to its shareholders, usually in the form of a payment.

Future Value

The future financial worth of an asset or cash that equates to a designated current sum.