Fair Value the Meaning And Application of the Term Fair Valuation As Used By
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To quickly assess the difficulty of the text, read a short excerpt:
U. C. No. 2138; Lincoln a Lincoln Water & Light Co. , I. P. U. C. No. 2496; P. U. R. 1917-B-l; In re Berlin Elec. Light Co. , 3 N. H. P. S. C. 174; etc.
96 FAIR VALUE clusively to the final valuation. It does not imply that fixed rules cannot be formulated relative to the elements of value properly considered or excluded for rate or sale purposes. It merely means that these rules, though they determine what general elements of value are relevant for each type of valuation, do not assure such it...ems of consideration in the final valuation in each case. This is a limitation true of all exclusion rules of evidence. It is true in valuation cases, be- cause, for example, though engineering and legal expenses are proper elements of value in the inventory, they may be excluded from the final valuation because they were never incurred, because improperly incurred or incorrectly in- ventoried. Some elements of value, on the other hand, are not properly considered in any rate case. Property not used or useful in the public service, excessive franchise values, etc.
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To quickly assess the difficulty of the text, read a short excerpt:
U. C. No. 2138; Lincoln a Lincoln Water & Light Co. , I. P. U. C. No. 2496; P. U. R. 1917-B-l; In re Berlin Elec. Light Co. , 3 N. H. P. S. C. 174; etc.
96 FAIR VALUE clusively to the final valuation. It does not imply that fixed rules cannot be formulated relative to the elements of value properly considered or excluded for rate or sale purposes. It merely means that these rules, though they determine what general elements of value are relevant for each type of valuation, do not assure such it...ems of consideration in the final valuation in each case. This is a limitation true of all exclusion rules of evidence. It is true in valuation cases, be- cause, for example, though engineering and legal expenses are proper elements of value in the inventory, they may be excluded from the final valuation because they were never incurred, because improperly incurred or incorrectly in- ventoried. Some elements of value, on the other hand, are not properly considered in any rate case. Property not used or useful in the public service, excessive franchise values, etc.
What to read after Fair Value the Meaning And Application of the Term Fair Valuation As Used By?
You can find similar books in the "Read Also" column, or choose other free books by Harleigh Holroyd Hartman to read onlineMoreLess
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