Jacqueline Phelps

Business

29 May, 17:26

A condominium developer buys three times as much land as is needed to build a planned 50-unit development so that, if things go well, two additional 50-unit developments can be built without having to acquire additional land. The developer is prepared to exercise the option to:A) quit. B) expand. C) abandon. D) wait. E) rebuild.

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