Your uncle, who has a second home in Bethany Beach, Delaware, is planning to sell it in the next few weeks. You are interested in buying this beachside property, so your agent negotiates a price for the house with your uncle's agent. This transaction is an example of
A) The cost principle.
B) the assumption of arm's-length transactions.
C) the realization principle.
D) the going-concern assumption.
E) the matching principle.
Answer: B
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