The ________ Serves a Large Trading Area (10 to 15

question 24

Multiple Choice

The ________ serves a large trading area (10 to 15 miles or more) ,contains from 50 to 100 stores,and has several major department stores as its anchors.

• A)neighborhood shopping center
• B)community shopping center
• C)regional shopping mall
• D)central business district

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Definitions:

Real Estate Mortgage

A legal agreement where real property is used as collateral for a loan.

Statute of Frauds

A legal principle requiring certain types of contracts to be executed in writing to be enforceable.

Sale of Goods

A commercial transaction where the ownership of physical products is transferred from the seller to the buyer for a price.

Statute of Frauds

A legal principle requiring certain types of contracts to be in written form in order to be enforceable.