Test Bank for Real Estate Principles: A Value Approach ISE, 7th Edition. by Wayne Archer & David C. Ling | Fully Verified Solutions | Exam Prep | ISBN 9781266284960

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Test Bank
Real Estate Principles: A Value Approach, 7th Edition
by Wayne Archer David C. Ling
All Chapters Covered| Latest Edition| Fully Verified Answers




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Answers Provided at End of Each Chapters

MULTIPLE CHOICE - Choose the one alternative that best completes the statement or answers
the question.

1) When viewed as a tangible asset, real estate can be defined as the land and its permanent
improvements. Improvements on the land include:

1)

A) fences.

B) walkways.

C) sewer systems.
D) streets.




C
Question Details
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Accessibility : Keyboard Navigation Accessibility : Screen Reader Compatible Difficulty : Basic

Gradable : automatic

Learning Objective : 01-01 Provide three alternative definitions for the term real estate. Source :
ST

Chapter 01 Test Bank - Static > TB MC Qu. 01-01 When viewed as a tangible...



2) The term real estate is used in three fundamental ways. When real estate is defined as the
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land and its improvements, it is being viewed as purely a(n):

2)

A) tangible asset.
B) intangible asset.

C) parallel asset.

D) personal asset.



Question Details

Accessibility : Keyboard Navigation Accessibility : Screen Reader Compatible Difficulty : Basic
Gradable : automatic


2

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Learning Objective : 01-01 Provide three alternative definitions for the term real estate. Source :
Chapter 01 Test Bank - Static > TB MC Qu. 01-02 The term real estate...



3) The term real estate is used in three fundamental ways. When real estate is defined as a
bundle of rights associated with ownership and the use of the site and improvements, it is being
viewed as purely a(n):



A) tangible asset.

B) intangible asset.

C) parallel asset.

D) personal asset.




C
Question Details
LE
Accessibility : Keyboard Navigation Accessibility : Screen Reader Compatible Difficulty : Basic

Gradable : automatic
ST

Learning Objective : 01-01 Provide three alternative definitions for the term real estate. Source :
Chapter 01 Test Bank - Static > TB MC Qu. 01-03 The term real estate is used...
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4) All of the following are examples of an improvement on the land EXCEPT:



A) fences.
B) building.

C) walls.

D) streets.



Question Details

Accessibility : Keyboard Navigation Accessibility : Screen Reader Compatible Difficulty :
Intermediate
Gradable : automatic
3

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Learning Objective : 01-01 Provide three alternative definitions for the term real estate. Source :
Chapter 01 Test Bank - Static > TB MC Qu. 01-04 All of the following are...



3)




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4)


5) Real estate is defined as land and its permanent improvements. Which of the following is
an example of an improvement to the land?

5)
A) fence

B) building

C) water and sewer systems
D) personal property
4