Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

An appraiser performed an appraisal for litigation services. The attorney-client also asked the appraiser to help with developing a cross examination strategy for the appraiser

An appraiser performed an appraisal for litigation services. The attorney-client also asked the appraiser to help with developing a cross examination strategy for the appraiser who was hired by the opposing side in the case. Which of the following statements is correct?

A. These are two legitimate services (an appraisal and a consulting assignment).

B. These are two appraisal assignments.

C. These are two non-compatible services. (The appraiser cannot be a disinterred third party for the appraisal and simultaneously be an advocate for the clients position by helping discredit the other appraiser.)

D. These are two non-compatible services, but the appraiser would be acting ethically if the client was made fully aware of this fact.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Real Estate Finance

Authors: David Sirota, Doris Barrell

14th Edition

1475428391, 9781475428391

More Books

Students also viewed these Finance questions