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Q. |
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» B. When the income from the building fails to justify its existence |
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