Which of the following statements is the BEST definition of an appraisal?

A. An opinion of estate of a property's market value.
B. An opinion or estimate of the loan amount.
C. A determination of the property's sales price.
D. A determination of a property's depreciation.

Answer: A. An opinion of estate of a property's market value.

Business

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_____ refers to sending work functions to another country resulting in domestic workers losing their jobs.

A. Downsizing B. Restructuring C. Outsourcing D. Repositioning E. Worker mobility

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Coke intends to maintain a customer relationship with its brand. It is trying to achieve the goal of _________ in promotion.

A. Inform B. Persuade C. Remind D. Both inform and persuade E. Both persuade and remind

Business