Which of the Following Is True of the Standards of Value

question 35

Multiple Choice

Which of the following is true of the standards of value used in business valuation?

• A) The fair value proposes a hypothetical sale in an open and unrestricted market.
• B) The investment value is often used in dissenting minority interest litigation.
• C) The book value of a business rarely represents its fair market value.
• D) The fair market value is usually greater than the investment value.