Chapter 11

Question 1

___________The process of valuing, a universal properties as of a given date, using standard methodology, employing, comment data and allowing for statistical testing 

Answer 1

Mass appraisal

Question 2

_____An entity pursuing an economic activity

Answer 2

Business enterprise

Question 3

_______ the interest benefits and rights inherent in the ownership of a business enterprise or part thereof in any form including but not necessarily limited to capital stock, partnership interest, cooperative, sole proprietorship, options, and warrants.

Answer 3

Business equity