The Highest and Best Use of the Asset Is ______________

question 8

Multiple Choice

The highest and best use of the asset is ______________, if the asset would provide maximum value to market participants principally on the standalone basis.

• A) in-exchange
• B) in-use
• C) in-market
• D) in-sale

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Definitions:

Role Ambiguity

The uncertainty experienced by individuals when they lack clear understanding of their job duties, authority, and responsibilities.

Techno-ambiguity

The unclear or confusing relationship people have with technology, often related to its use or implications.

Techno-uncertainty

The unpredictability and instability in the workplace and society due to rapid technological change and innovation.

Techno-overload

The state of being overwhelmed by the amount of new technologies and information one is required to understand and manage.