Assumption

Assumption: Understanding the Concept and Its Applications
An in-depth exploration of the term 'Assumption,' covering its application in finance, its philosophical connotations, and implications in various fields.
Extraordinary Assumption: Critical Appraisal Component
An extraordinary assumption is a vital hypothesis within an appraisal process, crucial to the accuracy of the value opinion provided. If this assumption proves incorrect, the entire appraisal's validity is compromised. Compare it to a hypothetical condition.
Presumption: Inference and Assumption
Presumption refers to an assumption made until proven incorrect and an inference drawn from available information. It can also signify impertinent or irritating conduct, opinion, or speech.

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