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Marriott Builds a Hotel for $34 Million and Sells It

Question 16

Multiple Choice

Marriott builds a hotel for $34 million and sells it to a banking firm for $52 million. Marriott charges the banking firm 2 -4 % of gross revenues to operate the hotel. This business transaction is known as


A) Investment Partnership
B) management contract
C) REIT
D) franchising

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