A subsequent proceeding will determine the fair value of the property,
What is fair value of property?
The price at which a piece of property would exchange hands between a willing buyer and a willing seller, both of whom have reasonable knowledge of pertinent facts and are not under any obligation to buy or sell, is known as the fair market value. It's extensively utilized in a variety of financial contexts, particularly in tax and real estate transactions. However, auction houses and online for-sale listings also employ it. Although the fundamental concept is straightforward enough, the results of various sources and tools for determining this value might vary greatly depending on the specifics.
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It is free to the buyer because he does not have to pay for the second product, but it is not free to society because the cost to produce the product including the labors, materials, machines, and electricity cost go unpaid.
Answer:
Congress was unable to regulate interstate and foreign commerce; some states refused to pay for goods they purchased from abroad. Congress was unable to impose taxes; it could only borrow money on credit. No national court system was established to protect the rights of U.S. citizens.
Explanation:
