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A training class has been rescheduled for one hour earlier than originally planned. Ten of the fifteen participants arrived at the adjusted start time. The remaining learners will likely not arrive until the original start time. Which of the following would be the BEST action for the instructor to take in this instance?
Fair Value
An estimate of the price at which an asset or liability could be exchanged in an orderly transaction between market participants at the measurement date.
Fair Value
An estimate of the market value of an asset, based on what a knowledgeable, willing, and unpressured buyer would likely pay to a seller.
Boot
Additional value or cash given along with a trade or exchange to equalize the value between traded items.
Plant Site
The location or real estate used for industrial or manufacturing operations.
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