In case of the employer, these verification questions allow him to get an insight into the prospect's suitability for employment in the available vacancy in terms of work experience, academic qualifications, stability, adaptability, flexibility, etc. In case of a landlord letting out his/her real estate property for residential purposes to a complete stranger, these questions allow him/her to decide whether the prospect is financially stable and sound, in order to avoid any future problems and hassles in collecting rent from the latter.