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Which of the following was NOT one of John Locke's main ideas?
Appraisal Value
The estimated money value of a property, as determined by a qualified appraiser.
Offer Price
The price at which a seller is willing to sell an asset or service, often seen in the context of stock market orders.
Cost Basis
The original value of an asset for tax purposes, usually the purchase price, which is used to determine capital gain or loss upon sale.
Fixed Asset
Long-term tangible assets held for business use and not expected to be converted to cash in the current or upcoming fiscal year.
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