1.

The 'Economic life' of a building is considered to at an end1. When the net income form the building fails to justify its existence2. When the building facilities become obsolete3. When the capitalization rate becomes high Which of the above statements are correct?

A. 1 and 2 only
B. 1 and 3 only
C. 2 and 3 only
D. 1, 2 and 3
Answer» B. 1 and 3 only


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