Adjustments for Physical Characteristics Are Intended to Capture the Dimensions

question 10

Multiple Choice

Adjustments for physical characteristics are intended to capture the dimensions in which a comparable property differs physically from the subject property. If the only physical difference between the subject property and the comparable is that the comparable does not have a fireplace, which of the following adjustments should take place?

• A) The transaction price of the comparable property should be adjusted downward.
• B) The transaction price of the comparable property should be adjusted upward.
• C) The transaction price of the subject property should be adjusted downward.
• D) The transaction price of the subject property should be adjusted upward.

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Definitions:

Job Satisfaction

The level of contentment employees feel towards their jobs, influenced by various factors such as work environment and recognition.

Facets

The distinct features or aspects that make up a complex entity or concept.

Attitude Components

Three main aspects of attitudes: cognitive (beliefs), affective (feelings), and behavioral (actions) elements that define and influence attitudes.

Personality

A combination of emotional, attitudinal, and behavioral response patterns of an individual.