An appraiser examines a building that is 25 years old. Because of superior upkeep, it has the condition of an 11 year old building. The appraiser may use the 11 year old age as the:

A. Actual Age
B. Effective Age
C. Numerical Age
D. Physical Age

Answer: B. Effective Age

Business

You might also like to view...

A merger clause stipulates that the contract is a complete integration and the exclusive expression of the parties' agreement

Indicate whether the statement is true or false

Business

"I sat next to Will Smith on a flight to Philadelphia!" is an example of which impression management form?

A) Association. B) Acclaiming. C) Flattery. D) Favor.

Business