Term of the Day fair value A price paid by a buyer who knows the value of what he or she is buying, to aseller who also knows the value of what is being sold, i.e., neither is cheating the other. Learn more about this term Usage Example In realty, it can be very important to both the seller and buyer that a fair value for the home or property being sold is agreed upon.

Friday Quiz Challenge Test your knowledge of this week's terms Question: Conspiring with other industry players in order to manipulate this value is a criminal offence. Choose the Right Answer: (A) risk assessment (B) price (C) Keynesian economics (D) consignee

Featured Article Should a Small Business Practice Total Quality Management? Total Quality Management is the dedicated effort to providing a continuously-increasing level of quality in an effort to retain the attention (and repeat... Read this article

Voice Your Opinion What one trait separates winners from losers in business? --> What one trait separates winners from losers in business?