The Four Elements of Comparison Used in the Sales Comparison

question 3

True/False

The four elements of comparison used in the sales comparison approach include the terms and time of sale, as well as location and physical elements about the property.

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Definitions:

Learned Taste Aversion

The phenomenon where an individual learns to avoid a food or taste after a negative experience, such as illness, associated with it.

Physical Stimulus

An external factor that can elicit a physical response from an organism, often through sensory organs.

Visual Stimuli

Visual stimuli are any objects or aspects within the environment that can be seen and thus influence visual perception.

Learned Taste Aversion

A learned aversion to a food that has previously resulted in an illness or bad experience.