If Stan's Land Is Condemned in Order to Build a Subway

question 79

Multiple Choice

If Stan's land is condemned in order to build a subway system for the city,he must be given:

• A) the fair market value of the property.
• B) equivalent property.
• C) the option of keeping the property.
• D) his asking price for the property,which can be up to 20% more than he paid for it.

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Definitions:

Perceptual Tendency

The inclination to perceive or interpret information in a particular way, often influenced by past experiences and biases.

Proximity

Refers to being near or close to something or someone, often implying a relationship influenced by physical or emotional closeness.

Similarity

A principle in psychology that items that are similar in some aspect are more likely to be grouped together in the perceptual process.

Common Fate

A principle of Gestalt psychology where individuals tend to perceive elements as part of a group if they move together in the same direction.