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What is meant by the term nondiscretionary duties?
Market Price
The current price at which an asset or service can be bought or sold in a marketplace.
Biological Transformation
The processes of growth, degeneration, production, and procreation that cause qualitative or quantitative changes in a biological asset.
Agricultural Produce
Refers to the harvested product of biological assets (plants and animals) that are intended for sale or processing.
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