Please give handwritten Question 49Management contracts grew more popular because:Financial institutions unwilling to lend unless property is professionally managed.Recessions have caused more owners-in-foreclosure.Depreciation tax shelters and "Fee for Services" is a safer haven.Evolution of chain operating companies.All of the above.Question 50Which of the following are examples of hotel management companies?Hilton and Hyatt have lodging management companies.Independent management companies: Benchmark Hospitality and Interstate Hotels (which now apart of Aimbridge Hospitality).Marriott and Wyndham have lodging management companies.All of the above.Only a. and c. above.

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Answered: Question 49 Management contracts grew…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question 49 Management contracts grew more popular because: Financial institutions unwilling to lend unless property is professionally managed. Recessions have caused more owners-in-foreclosure.