Do you agree with the statement that “nothing great would ever be built if people knew in advance what the real costs and challenges were”?

The number of defects after a hotel room cleaning (sheets not straight, smears on mirror, missed debris on carpet, fresh towels not folded, etc.) should be measured using what type of process control chart?

Modern Visionary Hotel Chain has $1,000 face value bonds outstanding. These bonds pay interest semiannually, mature in six years, and have a 5 percent coupon. The annual yield to maturity is 12.6%. What is the bonds current price? (round to the nearest penny)

N:

I:

PV:

PMT:

FV:

1. Indicate on a graph of the circular flow model, the real or money flow in which the following items belong:

• You pay your tuition.
• The University of Texas buys some Dell computers.
• A student works at FedEx Kinko’s.
• Donald Trump rents a Manhattan building to a hotel.
• You pay your income tax.

Where do you want to go? Mountains? Ocean?... What do you want to see? Landscapes? Wildlife? What do you want to do? Hiking? Biking Kayaking?.. Where do you want to sleep? In a hotel in a tent?... How long do you want to stay? A day? A week?

22. Name three reasons why a REIT might be used for real estate investment:

1 ________________________________

2 ________________________________

3 _________________________________

23. Enter the normal tax lives of the following assets for tax depreciation purposes:

______ Assisted living facility building.

______ Hotel building.

______ Land.

______ Industrial building.

______ Apartment complex (building portion).

A geographer and social worker are teaming up to investigate whether population density, average distance to a large grocery store, and proportion of park/playground area has an impact on community ‘wellness’. What will these researchers need to do to measure wellness? Why? Use research/statistical terms covered in this course in your explanation.

A        

In Re Ellenborough Park [1956] Ch 131 the English Court of Appeal outlined the essential requirements of easements.

·        Explain each of those requirements for the creation of an easement.

·        Discuss the major means by which easements may be created over Torrens title land.

·        Discuss the major means by which easements may be extinguished.

How successful do you predict these recently proposed extensions will be? Why?

• Carlsberg, the beer brand, launches a male grooming line made out of beer

• Michelin (tires, mostly): car floor mats

• WWE (entertainment wrestling): theme park

• Victorinox (Swiss Army knife): camping and hiking equipment