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The Floor in the Kitchen Has a Slight Slope

Question 36

Multiple Choice

The floor in the kitchen has a slight slope. The cost to fix it is estimated to be $20,000 and the value a level floor will add to the $350,000 home is projected to be $10,000. This is an example of:


A) curable depreciation
B) incurable depreciation
C) functional obsolescence
D) two of the above are correct

Correct Answer:

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