Question

In: Economics

Which of the following statements is not implicit in the FDIC definition of market value? Group...

Which of the following statements is not implicit in the FDIC definition of market value?

Group of answer choices

Buyer and seller typically are motivated

A reasonable time is allowed for exposure in the open market

Payment is made either in U.S. dollars or in comparable financial terms

Buyer and seller are not equally well informed and well advised

Solutions

Expert Solution

Buyer and seller are not equally well informed and well advised

Explanation: Buyer and seller needs to be equally well informed and well advised.


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