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Updated on: 08 Jan 2026, 04:54
Originally posted by Sajjad1994 on 23 May 2022, 07:30.
Last edited by guddo on 08 Jan 2026, 04:54, edited 2 times in total.
Last edited by guddo on 08 Jan 2026, 04:54, edited 2 times in total.
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Question 1
C
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
86% (01:06) correct
14%
(00:38) wrong
based on 122
sessions
History
Date
Time
Result
Not Attempted Yet
Question 2
D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
86% (00:37) correct 14%
(00:38) wrong
based on 125
sessions
History
Date
Time
Result
Not Attempted Yet
Question 3
B
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
15%
(low)
Question Stats:
79% (00:34) correct 21%
(01:01) wrong
based on 127
sessions
History
Date
Time
Result
Not Attempted Yet
Question 4
A
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
15%
(low)
Question Stats:
70% (00:26) correct 30%
(00:33) wrong
based on 115
sessions
History
Date
Time
Result
Not Attempted Yet
Question 5
D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
25%
(medium)
Question Stats:
69% (00:39) correct 31%
(00:37) wrong
based on 109
sessions
History
Date
Time
Result
Not Attempted Yet
Just as individual stock prices can plummet, so can individual real estate property prices. In California during the 1990s, for example, earthquakes rocked the prices of properties built on landfills. These quakes highlighted the dangers of building on poor soil. In the decade prior, real estate values in the communities of Times Beach, Missouri, and Love Canal, New York, plunged because of carcinogenic toxic waste contamination. (Ultimately, many property owners in these areas received compensation for their losses from the federal government as well as from some real estate agencies that didn’t disclose these known contaminants.)
1. Which of the following would be the best title for the passage?
(A) Don’t Build Your House in an Earthquake Zone
(B) The Story of Love Canal, New York
(C) Personal Real Estate Is Not a Foolproof Investment
(D) There’s No Point in Investing in Real Estate
(E) A Guide to Individual Stock Purchases
(A) Don’t Build Your House in an Earthquake Zone
(B) The Story of Love Canal, New York
(C) Personal Real Estate Is Not a Foolproof Investment
(D) There’s No Point in Investing in Real Estate
(E) A Guide to Individual Stock Purchases
2. Why did the value of real estate plummet in Love Canal and Times Beach, according to the passage?
(A) Both communities were in earthquake zones.
(B) Real estate agencies did not disclose know contaminants.
(C) They were filled with noxious gases.
(D) Both towns were sites of carcinogenic toxic waste contamination.
(E) Both towns were located on contaminated shore fronts.
(A) Both communities were in earthquake zones.
(B) Real estate agencies did not disclose know contaminants.
(C) They were filled with noxious gases.
(D) Both towns were sites of carcinogenic toxic waste contamination.
(E) Both towns were located on contaminated shore fronts.
3. Based on the passage, it can be inferred that the former landowning citizens of Love Canal and Times Beach most likely did what?
(A) Fled both towns.
(B) Pursued legal action against the real estate agencies that did not disclose known contaminants to them before selling them property in the towns.
(C) Suffered from diseases caused by the contaminants.
(D) Sold their properties in the town at a loss.
(E) Wished that they had bought property in an earthquake zone.
(A) Fled both towns.
(B) Pursued legal action against the real estate agencies that did not disclose known contaminants to them before selling them property in the towns.
(C) Suffered from diseases caused by the contaminants.
(D) Sold their properties in the town at a loss.
(E) Wished that they had bought property in an earthquake zone.
4. The author’s attitude towards purchasing individual real estate as an investment could best be described as which of the following?
(A) Cautious and factual
(B) Aggrieved and petulant
(C) Knowing and allusive
(D) Skeptical and discouraging
(E) Rhetorical and questioning
(A) Cautious and factual
(B) Aggrieved and petulant
(C) Knowing and allusive
(D) Skeptical and discouraging
(E) Rhetorical and questioning
5. The parenthetical sentence at the end plays what role in this passage?
(A) It adds anecdotal information that may be of interest to the reader.
(B) It suggests a counter-argument to the main argument of the passage.
(C) It refers to another way of calculating the percentages shown in the passage.
(D) It clarifies that some property owners were eventually compensated for their losses.
(E) It is a citation.
(A) It adds anecdotal information that may be of interest to the reader.
(B) It suggests a counter-argument to the main argument of the passage.
(C) It refers to another way of calculating the percentages shown in the passage.
(D) It clarifies that some property owners were eventually compensated for their losses.
(E) It is a citation.
Investing For Dummies by Eric Tyson
08 Jan 2026, 05:05
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Quote:
The passage explains how real estate property prices can decrease drastically due to factors like natural disasters (earthquakes) and contamination (toxic waste). It highlights examples from California, Times Beach, and Love Canal, showing how properties in these areas lost significant value due to environmental hazards. The passage also notes that property owners received compensation for their losses, but it emphasizes the risks involved in real estate investment.
1. Which of the following would be the best title for the passage?
(A) Don’t Build Your House in an Earthquake Zone
(B) The Story of Love Canal, New York
(C) Personal Real Estate Is Not a Foolproof Investment
(D) There’s No Point in Investing in Real Estate
(E) A Guide to Individual Stock Purchases
The passage discusses the risks and volatility of real estate prices, particularly how they can plummet due to environmental factors. The best title should reflect this broader point.
Answer: (C)
2. Why did the value of real estate plummet in Love Canal and Times Beach, according to the passage?
(A) Both communities were in earthquake zones.
(B) Real estate agencies did not disclose know contaminants.
(C) They were filled with noxious gases.
(D) Both towns were sites of carcinogenic toxic waste contamination.
(E) Both towns were located on contaminated shore fronts.
The passage clearly states that the drop in property values in these areas was due to carcinogenic toxic waste contamination.
Answer: (D)
3. Based on the passage, it can be inferred that the former landowning citizens of Love Canal and Times Beach most likely did what?
(A) Fled both towns.
(B) Pursued legal action against the real estate agencies that did not disclose known contaminants to them before selling them property in the towns.
(C) Suffered from diseases caused by the contaminants.
(D) Sold their properties in the town at a loss.
(E) Wished that they had bought property in an earthquake zone.
The passage implies that the property owners likely pursued legal action to seek compensation for the loss of property value due to undisclosed contaminants.
Answer: (B)
4. The author’s attitude towards purchasing individual real estate as an investment could best be described as which of the following?
(A) Cautious and factual
(B) Aggrieved and petulant
(C) Knowing and allusive
(D) Skeptical and discouraging
(E) Rhetorical and questioning
The author highlights the risks of real estate investment through examples of property devaluation, suggesting a cautious and factual tone.
Answer: (A)
5. The parenthetical sentence at the end plays what role in this passage?
(A) It adds anecdotal information that may be of interest to the reader.
(B) It suggests a counter-argument to the main argument of the passage.
(C) It refers to another way of calculating the percentages shown in the passage.
(D) It clarifies that some property owners were eventually compensated for their losses.
(E) It is a citation.
The sentence clarifies that some property owners were compensated for their losses, adding important context to the earlier examples of real estate losses.
Answer: (D)
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