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Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q102-Q107):
NEW QUESTION # 102
Land developers purchase land for commercial, industrial, and residential projects. Tracts of land larger than five acres but smaller than 10 acres may appeal to land developers for various reasons. Which of the following is one of the reasons?
- A. They are a good size for modern 18-hole golf courses.
- B. They are normally less expensive than pieces of land smaller than two acres in the same neighborhood.
- C. The developer cannot find a building lot to build a detached home.
- D. They can be used for newly planned subdivisions.
Answer: D
NEW QUESTION # 103
Which of the following is NOT determined by zoning bylaws?
- A. The types of buildings that are permitted in a location, their height, and how they may be used
- B. Lot dimensions and parking requirements
- C. The amount of rent a building may generate
- D. Where buildings and other structures may be located
Answer: C
NEW QUESTION # 104
Which of the following is a reason why an owner might consider redeveloping an industrial property?
- A. The cost of relocating is low.
- B. The existing building no longer provides the highest and best use of the site.
- C. A redevelopment will seriously disrupt the current operation.
- D. A similar building can be bought at a low price.
Answer: B
NEW QUESTION # 105
Which of the following is a characteristic of main street retail?
- A. Comprises a blend of old and new stores
- B. Consists of newer, free-standing buildings only
- C. Must be located in a small, older community
- D. Structure size typically ranges from 100,000 to 130,000 square feet
Answer: A
NEW QUESTION # 106
There are different requirements under REBBA and other legislation that affect the sale of a business. Which of the following is NOT correct?
- A. A key consideration a salesperson must keep in mind when handling the sale of a business is operating licenses.
- B. If a municipal license is associated with the business and it may be transferrable to the buyer, then it is of no concern to the sales representative.
- C. Depending on the business location, there are various municipal bylaws, zoning, permits, and other rules and regulations that could impact the sale of a business.
- D. There are various municipal bylaws that could impact the sale of a business, depending on the business activity.
Answer: B
NEW QUESTION # 107
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