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:

Piagetian Term

Pertains to concepts and terminologies introduced by Jean Piaget in his theory of cognitive development, which outlines how children progress through four stages of cognitive growth.

Amygdala

is a part of the brain's limbic system involved in emotion regulation, decision-making, and memory processing, especially related to emotional reactions.

Immaturity

The state or condition of not being fully developed or mature, either physically, emotionally, or mentally.

Extreme, Violent Tantrums

Intense outbursts of anger and frustration, typically in children, that include aggression and may suggest underlying emotional or psychological issues.