Select the best option for a business to own real estate versus leasing. Group of answer choices

a. Owning allows the business to develop skills in operating, maintaining, and repair real estate and the associated facilities

b. All of the above are reasons a business would prefer to own space rather than lease it

c. If the business demands specialized or unique facilities

d. Owning reduces operating flexibility

e. The capital commitments with owning are lower than the capital commitments associated with leasing

2. In regards to a corporation investing in real estate to diversity from their core business, what reason might be given to argue that corporations dont have a comparative advantage.

Group of answer choices

a. Diversification dilutes a corporations risk-return profile and does not provide an advantage to corporations

b. Corporations often use property managers who do not understand financial markets

c. Corporations do not typically hold real estate in a large number of geographic areas and may not hold a variety of different types of properties

d. Corporations cannot react as quickly as individual investors to changes in market conditions