MCQOPTIONS
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| 1. |
The economic life of a building is considered to be at an end under which of the following conditions? |
| A. | When the cost of repairs is more than the income |
| B. | When the income from the building fails to justify its existence |
| C. | When the capitalization rate becomes high |
| D. | When the directional growth of area is turned away from it |
| E. | When thebuilding facilities become obsolete |
| Answer» C. When the capitalization rate becomes high | |