Question

QUESTION 6a)

1. One of the benefits to the Market Approach is that the analyst can always find perfect matches of property sold in order to compare it to the property he/she is valuing.

   True

   False

QUESTION 6b)

1. Restricted stock studies are used to support discounts for lack of control.

   True

   False

QUESTION 6c)

1. Professional goodwill is associated primarily with the individual and practice goodwill is associated with the entity.

   True

   False

  

QUESTION 6d)

1. A spouse that is secretive about finances and controlling with money exhibits behavioral indicators of marital fraud.

   True

   False

QUESTION 6e)

1. A business can be made to be more profitable by artificially raising costs through dummy middleman.

   True

   False

Answer 1

Question 6 (a), Answer is True.

In Market Approach the analyst can always find perfect matches of property sold, in order to compare it to the property he/she is valuing.

Question 6 (b), Answer is True.

Restricted stock studies are used to support discounts for lack of control.

Question 6 (c), Answer is True.

Professional goodwill is associated primarily with the individual and practice goodwill is associated with the entity.

Question 6 (d), Answer is False.

A spouse that is secretive about finances and controlling with money, does not exhibits behavioral indicators of marital fraud. Any person has the right to use their money to their own liking. The can be secretive about it.

Question 6 (e), Answer is True.

A business can be made to be more profitable by artificially raising costs through dummy middleman. But this is not a good practice as the customers have to pay a premium for purchasing the goods.