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Which of the following best describes the advantages of management contracts to lodging management companies? A) Reduced financial risk. B) Little or no capital investments.

Which of the following best describes the advantages of management contracts to lodging management companies?

A) Reduced financial risk.

B) Little or no capital investments.

C) Allows for rapid expansion.

D) Ability for chain operators to enhance their reputation.

E) All of the above.

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