1.For which of the following reasons would a business prefer to own space rather than lease it?
(a)The business demands specialized or unique facilities
(b)Owning allows the business to develop skills in operating, maintaining, and repair real estate and the associated facilities
(c)Owning reduces operating flexibility
(d)The capital commitments with owning are lower than the capital commitments associated with leasing
(e)All of the above are reasons a business would prefer to own space rather than lease it