Vacant Land Can Be Viewed as an Option

question 9

Multiple Choice

Vacant land can be viewed as an option:

• A)to purchase developed land where the exercise price is less than the cost of developing a building on the land.
• B)that is increasing in the degree of uncertainty about the value of development.
• C)to purchase developed land where the exercise price is greater than the cost of developing a building on the land.
• D)that is unaffected by the degree of uncertainty of the value of development.

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Definitions:

Tickle

A sensation that refers to the involuntary twitching movement or laughter in response to a light touch or stroke.

Fasciculus Gracilis

A nerve fiber bundle in the posterior column of the spinal cord that conveys sensory information about fine touch and proprioception from the lower half of the body.

Fasciculus Cuneatus

A bundle of sensory nerve fibers in the dorsal column of the spinal cord that conveys touch and proprioceptive information.

Smooth

Characteristic of muscles that perform involuntary movements, found in the walls of internal organs.