# What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties ? with Answer - Civil Engineering Mcqs | TestPrep

> Solved MCQ: What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties ? Correct Answer: C. Fair value. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties ?

Direct Answer & Quick Reference

The correct option is **C. Fair value**.

A. Book value

B. Market value

C. Fair value **(Correct Answer)**

D. Franchise value

✨ Explain with AI

Verified Key: C. Fair value
Solved by 3,796+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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