The owner of an apartment building is deciding what rent to charge and how to cover any damages. A lease with a monthly rent of $1,000 would cover expenses, including normal wear and tear but no additional damage. Which of the following lease options would create an adverse selection of buyers due to private information?
A)Rent of $1,000 plus a one-time, nonrefundable cleaning fee of $300.
B)Rent of $1,100 plus a security and cleaning deposit of $500 that will be refunded less any damage repairs or cleaning.
C)Rent of $1,000 plus a security and cleaning deposit of $1,500 that will be refunded less any damage repairs or cleaning.
D)Rent of $1,300.

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The Answer of The owner of an apartment building is deciding what rent to charge and how to cover any damages. A lease with a monthly rent of $1,000 would cover expenses, including normal wear and tear but no additional damage. Which of the following lease options would create an adverse selection of buyers due to private information?
A)Rent of $1,000 plus a one-time, nonrefundable cleaning fee of $300.
B)Rent of $1,100 plus a security and cleaning deposit of $500 that will be refunded less any damage repairs or cleaning.
C)Rent of $1,000 plus a security and cleaning deposit of $1,500 that will be refunded less any damage repairs or cleaning.
D)Rent of $1,300.

The Owner of an Apartment Building Is Deciding What Rent