What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties ?

Civil Engineering Mcqs

What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties ?

(A)  Book value

(B)  Market value

(C)  Fair value

(D)  Franchise value



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