Albert is called to testify in a civil action about the value of a property. If, while appraising the property, Albert uses the observed condition method to determine depreciation, which of the following would he most likely consider?

a. economic obsolescence
b. functional obsolescence
c. physical deterioration
d. all of the above

Answer: d. all of the above

Business

You might also like to view...

Effective coaches require coachees to practice targeted behaviors through role-play activities and later in real-world situations.

a. true b. false

Business

When a company makes marketing decisions by considering consumers' wants and interests, the company's requirements, and society's long-run interests, it is practicing ________ marketing

A) value B) societal C) sense-of-mission D) consumer-oriented E) customer-value

Business