The type of depreciation which is socially oriented and from which we derive the saying "more buildings are torn down than fall down," would be known as:

A: Functional obsolescence;
B: Economic obsolescence;
C: Physical deterioration;
D: Deferred maintenance.

Answer: B: Economic obsolescence;

Business

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All of the following may be special benefits of buyer agency except:

a. duty of reasonable care and skill b. access to more properties c. objective advice on property's d. help with the negotiation

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In a horizontal fashion trend, a fashion is passed from the upper through lower classes through distinctive, emulation, and economic emulation stages

Indicate whether the statement is true or false

Business