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Natalka [10]
3 years ago
12

NEED ASAP !!!!!!

Business
2 answers:
lord [1]3 years ago
7 0

Answer:

A. Standard of deferred payment

Explanation:

The use of money has contributed to increased borrowing and lending in the economy.  Because money is widely accepted as a medium of exchange and a store of value, trading is credit has significantly expanded.

Deferred payments are the ones to be made at future dates. Traders agree to sell on credit because they trust money as a store of value. They believe money as a medium of exchange will give them a value equivalent to their goods in the future.

avanturin [10]3 years ago
3 0

Answer: standard of deferred payment

Explanation:

A P E X

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The statement "in the cost approach to valuation, land value can be estimated by comparing sales of vacant land that are similar to the subject land" is true.

<h3>What is valuation?</h3>

Valuation is an estimation of the price of a good or a product. When a product is manufactured, its evaluation is estimated. It is estimated by seeing the manufacturing price, labor cost, and raw material cost.

Here, the valuation of vacant land and subject land is estimated, which is similar by seeing the comparison. So the statement will be correct about the comparison.

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