What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?

What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties? Correct Answer Fair value

Bissoy MCQ

Related Questions

Who wrote in 'Hind Swaraj- Our leaders are divided into two parties: the moderates and the extremists. These may be considered as the slow party and the impatient party. Some call the Moderates the timid party and the extremists the bold party.'
A man sells chocolates which are in the boxes. Only either full box or half a box of chocolates can be purchased from him. A customer comes and buys half the number of boxes which the seller had plus half box more. A second customer comes and purchases half the remaining number of boxes plus half a box. After this the seller is left with no chocolate boxes. How many chocolate boxes the seller had initially?
The word 'disinterested' means ----
The word disinterested means-
The word "disinterested" means---------
The word 'disinterested' means-
The word disinterested means
During a sale, a salesperson was putting a new price tag on each item. On one shirt, he accidentally raised the price by 15% instead of lowering the price by 15%. As a result the price on the tag was Tk. 60 higher than the price that would have been the discounted price. What was the original price of the shirt?
In a recent year, Windsor's Boat's reported an asset turnover ratio of 2.46 times and a profit margin of 19.8% . In the same year, Sarah's Sail Boats reported an asset turnover ratio of 1.27 times and a profit margin of 9.9% . Which of the following statements is false ?
The allocation of the cost of a tangible plant asset to expense in the periods, in which services are received from the asset, is termed as