13. What method requires the appraiser to measure the quantities of various components, such as foundation, floor, walls, roof, etc.?

a. Cost per unit

b. Unit in place

c. Market analysis

d. None of the above

14. Estimating the reproduction cost of a building whose original construction cost is known is:

a. impossible.

b. illegal.

c. called cost index trending.

d. none of the above.

15. Depreciation caused by design defects is known as:

a. functional ambiguity.

b. functional obsolescence.

c. competency obsolescence.

d. inadequacy.

16. According to what principle will a buyer not pay more for a property than it would cost to acquire a substitute property of equal utility?

a. Comparison shopping

b. Substitution

c. Comparability

d. None of the above