All of the following represent common sources of value in appraising private or publicly owned businesses except for
A) Intellectual property
B) Customer lists
C) Licenses
D) Contingent liabilities
E) Employment contracts

Question

Quizplus · Accepted Answer

Contingent liabilities represent potential costs or expenses that may or may not occur in the future, such as pending lawsuits or environmental remediation. They are not typically considered sources of value in appraising a business. The other choices, intellectual property, customer lists, licenses, and employment contracts, are all common sources of value that may contribute to a business's overall worth.

All of the Following Represent Common Sources of Value in Appraising