The Most Serious Disadvantage Inherent in a Freestanding Site Is

question 22

Multiple Choice

The most serious disadvantage inherent in a freestanding site is:

• A)no mall management
• B)lack of restrictions on merchandise sold
• C)loss of the ability to restrict hours of operation
• D)loss of direct competition
• E)limited trade area

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Definitions:

Interest Rate

The percentage at which interest is paid by a borrower for the use of money they borrow from a lender.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return.

Endowment

In economics, an endowment is the total range of assets, including both physical goods and intangible elements like labor skills, that an individual or entity owns.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan amount.