SALESPERSON ONLINE COMPUTRAINER
Master Exam #3
Question 130 of 150
Question: "The value of the best property in the neighborhood will be adversely affected by the presence of comparatively substandard property" is a statement relating to value and is known as the principle of:
A: Balance;
B: Contribution;
C: Regression;
D: Progression.
Correct Answer is : C
The principle of regression states that the worth of a greater valued property is reduced by the proximity of many lesser valued properties of the same type.