Examlex
Kendra has been a professional chef for 20 years. Instead of following recipes step-by-step, she uses her experience to guide her cooking, adding a pinch of salt here, or a little extra oil there. Kendra's approach to cooking is an example of:
Fair Market Value
The price at which an asset would trade in a competitive auction setting, reflecting its true value under normal market conditions.
Equipment
Equipment consists of the tools, machinery, and other durable assets used by a business to carry out its operations.
Cash
Money in the form of currency, including coins and banknotes, which is used as a medium of exchange and legal tender.
Equally
In a manner that showcases uniformity or parity in distribution, value, or measure among all parties or elements involved.
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