The principle of anticipation states that
| A. |
Value is created by the expectation that certain events will occur |
|
| B. |
The value of a parcel of land is limited by the cost of acquiring an equally desirable alternative |
|
| C. |
No physical or economic condition remains constant |
|
| D. |
The value of a component part of a property depends on the value it adds to the property as a whole |
Ans) The correct option is a) Value is created by the expectation that certain events will occur
Principle of anticipation is when Value results from benefits expected to accrue to owners in the future.
The principle of anticipation states that A. Value is created by the expectation that certain events...
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