An Appraisal Usually Contains Three Approaches to Valuation

question 32

Multiple Choice

An appraisal usually contains three approaches to valuation.Which of the following is NOT one of those approaches?

• A)The Market Approach
• B)The Ratio Approach
• C)The Cost Approach
• D)The Income Approach

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Definitions:

Plastic Molds

Custom-designed tools used in manufacturing to shape plastic materials into specific forms and dimensions.

Salesperson

A professional responsible for selling products or services to customers, often involving direct interaction or negotiation.

Professional Salesperson

An individual specialized in persuading or influencing others to purchase goods or services in exchange for money.

Prospect's Objection

Concerns or reasons given by a potential buyer for hesitating or declining to purchase a product or service.