Author Question: The market value of downtown real estate is most basically determined by the A) assessment of the ... (Read 21 times)

leo leo · **on:** Jun 29, 2018

The market value of downtown real estate is most basically determined by the

A) assessment of the taxing authorities.
B) market value of the building already on a particular plot of land.
C) use to which it is currently being put.
D) uses to which people would like to put it if given a chance.
E) whatever it costs to convert the land to its next best use.

Question 2

An English auction is usually a(n) ________ auction.

A) sealed-bid first-price
B) sealed-bid second price
C) penny
D) open outcry