Shopping Centers Consist Primarily of Collections of Big Box Retail

question 33

Multiple Choice

Shopping centers consist primarily of collections of big box retail stores,such as Walmart,TJMaxx,Home Depot,Dick's Sporting Goods,and Borders is called:

• A)community centers
• B)neighborhood centers
• C)power centers
• D)lifestyle centers
• E)theme centers

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Definitions:

Payment

The transfer of money, goods, or services in exchange for a product, service, or to fulfill a legal obligation.

Depreciation

A method of accounting that distributes the expense of a physical asset across its lifespan.

Fixed Asset

Long-term tangible property that a firm owns and uses in producing its income and is not expected to be consumed or converted into cash in short-term.

Market Value

Market value is the current price at which an asset or service can be bought or sold in the open market.