Question

The seller may assume the value of the property has dropped if the RMS area is smaller than the size provided when they purchased the property.

a. True
b. False

Answer 1

The Louisiana Purchase, which took place in 1803, is indeed true to have doubled the size of the United States, making the statement correct.

Step-by-step explanation:

The statement 'The Louisiana Purchase doubled the territory of the United States' is true. The Louisiana Purchase occurred in 1803 when the United States purchased approximately 828,000 square miles of land from France.

This acquisition significantly increased the size of the United States and effectively doubled its territory, providing expansive room for westward expansion and playing a critical role in the shape and growth of the country.

The statement is False. The size of the RMS area has no direct effect on the value of the property.

The value of a property is determined by various factors such as location, condition, amenities, and market demand. The RMS area refers to the square footage of the property,

and while it may influence the price per square foot, it does not automatically indicate a decrease in value.