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Discuss three of the physical factors that affect communication within a group
Fair Market Value
The price at which an asset would trade in a competitive auction setting, reflecting the value of the asset in the marketplace.
Gain
The financial benefit obtained when the selling price of an asset exceeds its purchase price.
Assumes Liability
Taking on the legal responsibility for a debt or obligation.
Realized Gain
Profit from the sale of an asset or investment when the selling price exceeds the original purchase price.
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