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| A Complete
Valuation is an independent engagement, unlimited in scope,
expressing an opinion as to the value of a business, business interest or
security. This engagement is conducted in accordance with the Uniform
Standards of Professional Appraisal Practice (USPAP),
and embraces all procedures considered necessary by
the valuator to support an opinion as to value. |
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| A Limited
Valuation is an independent engagement that is "moderately
restricted" in scope, expressing an opinion as to the value of a business,
business interest or security. The scope of this engagement incorporates
only those procedures enumerated is restricted by the client and generates a
valuation report that is restricted to the sole use and benefit of the client. |
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| A Flash
Valuation is an independent engagement that is "severely
restricted" in scope, expressing an opinion as to an "approximate indication
of value" of a business based upon the
performance of limited procedures. While this approach would not hold up
in court, it will provide, at low cost, a reasonable value for both buyer and
seller.
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| An Economic
Damages engagement involves the quantification of economic or monetary
losses sustained by a claimant. Such loses may have resulted from medical
expenses, personal injury, wrongful death, employment discrimination, breach of
contract, or patent infringement, among other causes.
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| A Litigation
Support engagement includes expert testimony, reviews of other appraisals,
critiques of other reports, depositions and trial questions for opposing experts
and providing visual aids for trail.
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