Ask Question
BusinessBusiness
7 December, 15:19

When a house that is in poor condition is located within a neighborhood where all the other properties are well kept, on this property this is an example of: a. Principal of Regression b. Principal of Progression c. Principal of Conformity d. Principal of Succession

+5
Answers (1)
  1. 7 December, 16:37
    0
    b. Principal of Progression

    Explanation:

    Based on the information provided within the question it can be said that this is an example of the principle of progression. This principle basically states that the value of a piece of property or real estate will increase in price as more expensive properties come into the area, as well as the price remaining high if it is in an area of well kept and high value properties. Such is the case in this scenario.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “When a house that is in poor condition is located within a neighborhood where all the other properties are well kept, on this property this ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Selected transactions for Warner Advertising Company, Inc., are listed here. Describe the effect of each transaction on assets, liabilities, and stockholders' equity. Issued common stock to investors in exchange for cash received from investors.
Answers (1)
Westway Company pays Suzie Chan $3,000 per week. By the end of week 52, how much did Westway deduct for Suzie's Social Security and Medicare for the year? Assume Social Security is 6.2% on $128,400 and 1.45% for Medicare.
Answers (1)
Industry is the supply side of the market. Question 10 options: True False
Answers (1)
charcoal grills, accessories, and installation services for custom patio grilling stations. The State of Kentucky is planning major renovations in its parks during 2017 and enters into a contract with BBQ to purchase 400 durable, easy maintenance,
Answers (1)
Arrow Straight Corporation makes archery supplies. While using an Arrow Straight bow, Jamie is injured due to a defect in the bow that causes an arrow to misfire. Kaley, another archer standing by is also injured.
Answers (2)
New Questions in Business
Prepare the Statement of Cash Flows for Smart Touch Learning for the month ended December 31, 2016 from the provided information. Within each section of the statement, use the drop-down menus to enter the accounts.
Answers (1)
A company is considering purchasing a machine for $21,000. The machine will generate an after-tax net income of $2,000 per year. Annual depreciation expense would be $1,500. What is the payback period for the new machine? a. 4 years. b. 6 years. c.
Answers (1)
A company purchased a delivery van for $15,500 with a salvage value of $2,300 on September 1, Year 1. It has an estimated useful life of 4 years.
Answers (1)
Money has a time value because
Answers (1)
Differentiate between needs and wants?
Answers (1)
Home » Business » When a house that is in poor condition is located within a neighborhood where all the other properties are well kept, on this property this is an example of: a. Principal of Regression b. Principal of Progression c. Principal of Conformity d.
Sign Up Forgot Password?