A broker determined that if the seller will spend $4000 in upgrades, the value of the property will increase by $6000 which principle of value did the broker use to make this determination?

A) conformity
B) change
C) substitution
D) contribution

Answer: D) contribution

Business

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A transaction between two parties in which the first party promises to make a payment to the second party. The second party, in turn, promises to make a simultaneous payment to the first party.

(a) swap (b) available-for-sale securities (c) spot price (d) held-to-maturity securities

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________ offer services including export management companies, Webb-Pomerene associations, and international trading companies

A) Intermediaries B) Wholesalers C) Exporters D) Distributors

Business