In Informational Interviews

question 1

Multiple Choice

In informational interviews,

• A) try to write down everything the respondent says.
• B) deviate from your interview plan to allow for interesting material to emerge.
• C) invite the respondent to review your version of any material to be published.
• D) you should do most of the talking.
• E) ask yes/no questions.

---

Definitions:

Fair Value

The estimated price at which an asset would change hands between a willing buyer and seller, not under compulsion and with reasonable knowledge of the relevant facts.

Mortgage

A loan secured by real property, typically used to purchase that property.

Book Value

The value of an asset according to its balance sheet account balance, taking into account the cost of the asset minus accumulated depreciation.

Fair Value

The estimated price at which an asset or liability could be bought or sold in a current transaction between willing parties, other than in a liquidation sale.