When determining the actual cash value of a building, which one (1) of the following factors is NOT taken into consideration? The resale value of the building. The ownership of the building. The normal life expectancy of the building. The condition of the building immediately before the damage occurred.
When determining the actual cash value of a building, which one (1) of the following factors is NOT taken into consideration? The resale value of the building. The ownership of the building. The normal life expectancy of the building. The condition of the building immediately before the damage occurred.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:When determining the actual cash value of a building, which
one (1) of the following factors is NOT taken into
consideration?
The resale value of the building.
The ownership of the building.
The normal life expectancy of the building.
The condition of the building immediately before the damage occurred.
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