Concerned with a potential information asymmetry problem, state legislators have been proactive in passing legislation that protects the rights and interests of tenants within which of the following property types?
A) Office
B) Retail
C) Industrial
D) Apartment

Question

Quizplus · Accepted Answer

The most likely property type to have tenants is apartments, so state legislators would be primarily concerned with protecting the rights of apartment tenants. Office, retail, and industrial properties may have tenants, but they are not as commonly associated with tenancy as apartments.

Concerned with a Potential Information Asymmetry Problem, State Legislators Have