The use of one product to satisfy demand for a different product is
A) information centralization.
B) specialization.
C) product substitution.
D) component commonality.
Answer: C
Business
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When a contract is required to be sealed, a substitute for an actual seal may be used.
a. true b. false
Business
When appraising real property, the appraiser attempts to estimate value. The value arrived at by the appraiser is:
A: Based upon the replacement cost; B: Based upon an analysis of facts as of a given and specified date; C: Derived from income data covering at least the preceding six months; D: Projected from original cost less depreciation and adjusted for inflation.
Business