Which Act Requires Public Disclosure of Ownership Levels Beyond 5

question 32

Multiple Choice

Which Act requires public disclosure of ownership levels beyond 5 percent?

• A) Sherman Antitrust Act
• B) Williams Act
• C) Herfindahl Act
• D) Herfindahl-Hirschman Act

---

Definitions:

Facility Expenses

Costs associated with the physical locations, such as rent, utilities, and maintenance, where a business operates.

Planning Budget

A budget created at the beginning of the budgeting period that is based on planned outputs and efficiency levels for that period.

Tenant-Days

A measurement used in the real estate and hospitality industry, representing the total number of days that all tenants or guests have occupied a space over a given period.

Tenant-Days

A measure used in property management to calculate the total number of days rental units were occupied over a specific period.