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Author Question: A(n) ________ is one who holds a position of trust and generally manages the money of another person ... (Read 49 times)

chads108

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on: Aug 2, 2018
A(n) ________ is one who holds a position of trust and generally manages the money of another person or persons and has similar powers to those of a Chapter 11 trustee.
 
  Fill in the blank(s) with correct word

Question 2

Is real estate development a certainty for profitability? Explain.
 
  What will be an ideal response?


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joanwhite

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Reply #1 on: Aug 2, 2018
Answer to Question 1

fiduciary

Answer to Question 2

Even with the most sophisticated investors, lenders, and operators, some projects fail. Failure can be the result of poor planning or the whim of an economic downturn. Real estate development is subject to unknowns and uncontrollable elements that frequently arise. This is why real estate development is such a risky endeavor.


chads108

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Reply 2 on: Aug 2, 2018
YES! Correct, THANKS for helping me on my review

strudel15

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Reply 3 on: Yesterday
Excellent

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