________ can be more than or less than the price you paid for a given asset,depending on what others are willing to pay for that asset today.
A)Net value
B)Fair market value
C)Intrinsic value
D)Sentimental value

Question

Quizplus · Accepted Answer

Fair market value is the price that an asset would fetch in the market, given the current demand and supply conditions. This value can be more or less than the price the buyer paid for the asset depending on market conditions. Net value is the value of an asset after deducting liabilities, while intrinsic value is the true or inherent value of an asset based on its fundamental characteristics. Sentimental value refers to the emotional attachment that an individual may have with an asset, which is often unrelated to its market value.

________ Can Be More Than or Less Than the Price