Which of the Following Is a Disadvantage of Renting

question 24

Multiple Choice

Which of the following is a disadvantage of renting?

• A) Renters have fewer responsibilities than home owners.
• B) Tenants cannot take tax deductions for mortgage interest and property taxes.
• C) Renters usually do not have to be concerned with maintenance and repairs.
• D) Taking possession of a rental unit is less expensive than buying a home.
• E) Renting can be more convenient for those who move frequently.

---

Definitions:

State Finance

Refers to the management of a government's revenue, expenditures, and debt load through various practices, including budgeting, taxation, and fiscal policy.

Sales And Excise Taxes

Taxes imposed on the sale of specific goods and services, with excise taxes being levied on particular items such as alcohol and tobacco.

Education

The systematic process of facilitating learning, acquiring knowledge, skills, values, and beliefs through the study and instruction.

Immediate Pain

Pain that occurs right after an injury or onset of a disease, requiring prompt attention.