Real Estate Principles: A Value Approach (7th Edition, Ling) – McGraw-Hill – Complete Test Bank with Answers ISBN 9781264500185

TESTBANK FOR Real Estate Principles
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A Value Approach 7th Edition BY LING
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,MULTIPLE CHOICE - ps ps


Choose the one alternative that best completes the statement or answers the question. Answe
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rs At The End Of Chapter
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1) When viewed as a tangible asset, real estate can be defined as the land and its permanent
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improvements. Improvements on the land include:
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A) fences.
B) walkways.
C) sewer systems. ps


D) streets.

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


B) intangible asset. ps


C) parallel asset. ps


D) personal asset. ps




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


A) tangible asset. ps


B) intangible asset. ps


C) parallel asset. ps


D) personal asset. ps




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4) All of the following are examples of an improvement on the land EXCEP
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4) ps
T:

A) fences.
B) building.
C) walls.
D) streets.

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


A) fence
B) building
C) water and sewer systems
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D) personal property ps




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lityps:psScreenpsReaderpsCompatiblepsDifficultyps:psInt
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6) Real estate consists of the physical structures and infrastructure that accompany the land. All
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of the following are examples of an improvement to the land EXCEPT:
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6) ps


A) walkways.
B) the building and parking lot.
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C) sewer system. ps


D) streets.

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