The Choice of Which Method to Use in Constructing the Contracted

question 12

Multiple Choice

The choice of which method to use in constructing the contracted rental rate can also be impacted by the type of property being leased.With which of the following property types would one expect to see a percentage rent method used?

• A)Apartment
• B)Office
• C)Industrial
• D)Retail

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Definitions:

Industrial Market Economies

These are economies characterized by significant industrial activity, where goods are produced using advanced technological means.

Sub-Saharan African

Referring to the geographical area of the African continent that lies south of the Sahara Desert, characterized by diverse cultures, languages, and economies with varying levels of development.

Poor Countries

Poor countries are those with low levels of economic productivity, insufficient incomes, and a general standard of living considered below acceptable norms.

Industrial Market Economies

Economies characterized by sectors that primarily focus on manufacturing and industrial activities, as opposed to agricultural or service sectors, generally involving a significant use of technological and capital investment.