HMGT 3260 Exam Quizzes With Complete Solutions
T/F? A Developer-Owned Country Club is typically held by the developer for 5-10 years after
all units in the development have been sold. - ANSWER False
When considering attributes of Equity Ownership of a Club, which of the following is true: -
ANSWER Owned by members as shareholders
T/F? Robert Dedman, the founder of Club Corp., introduced the concept of "Members as
Kings" - ANSWER True
There are 4 criteria necessary for an organization to be considered a club. Which is NOT one
of the four? - ANSWER Must hold tax-exempt status
When operating a Country Club, which expense category was more than double the others? -
ANSWER Payroll
Clubs have been in existence for hundreds of years. What was the Middle English term
meaning: to form or gather into a mass; to join or combine for a common purpose; to form a
club? - ANSWER clubbe
St. James s Street in London is the true heart of "clubland". Which of the clubs discussed was
famous for gaming and its "betting book"? - ANSWER Brooks'
T/F? A Developer-Owned Country Club is typically held by the developer for 5-10 years after
all units in the development have been sold. - ANSWER False
When considering attributes of Equity Ownership of a Club, which of the following is true: -
ANSWER Owned by members as shareholders
T/F? Robert Dedman, the founder of Club Corp., introduced the concept of "Members as
Kings" - ANSWER True
There are 4 criteria necessary for an organization to be considered a club. Which is NOT one
of the four? - ANSWER Must hold tax-exempt status
When operating a Country Club, which expense category was more than double the others? -
ANSWER Payroll
Clubs have been in existence for hundreds of years. What was the Middle English term
meaning: to form or gather into a mass; to join or combine for a common purpose; to form a
club? - ANSWER clubbe
St. James s Street in London is the true heart of "clubland". Which of the clubs discussed was
famous for gaming and its "betting book"? - ANSWER Brooks'
