Briefly summarize par. 35-2B of ASC 820-10. Look for an example of a circumstance in which an asset may have restrictions on its use or sale. Describe how this restriction should be considered in determining the fair value of the asset.

Would a home sale price be considered a "fair value "price if the sale is considered a distressed sale, such as where a seller is in a hurry to liquidate his or her asset?