Which of the following assets would be the most difficult to value?
A)a 1968 red Mustang convertible
B)World War II memorabilia
C)a Caribbean vacation
D)an uninhabited, privately-owned island

Question

Quizplus · Accepted Answer

An uninhabited, privately-owned island would be the most difficult to value as it is a unique and non-standard asset with limited comparable sales data. The value of such an asset would depend on various factors such as location, accessibility, natural resources, and potential development opportunities. Valuing an uninhabited, privately-owned island can be difficult as there may be limited comparables to use for valuation and the value may depend on various factors such as location, accessibility, and potential use.

Which of the Following Assets Would Be the Most Difficult