When land is purchased and an old building thereon is demolished, the total purchase price plus the demolition cost is the total capitalized value of the land

One reason organizations use 360-degree feedback is that:

A) participants take the results more seriously. B) it is simple, cheap, and quick. C) it is more defensible in court than other types of feedback. D) participants are happier because they are involved in the process.

Automated underwriting systems offer the following benefits EXCEPT:

(a) Immediate feedback for correcting deficiencies (b) Speed and low operating cost (c) Objective-free of discrimination (d) Reduced closing cost to borrower