A. asset must be easily converted into cash
B. value of the asset must be easily ascertained
C. ownership of the asset must be in doubt
D. value of the asset should be stable
E. value of the asset must less than the amount loaned
Correct Answer:
Option E – value of the asset must less than the amount loaned
300 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…