1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution

3 terms you should know if you do Certified Industrial Commercial and Machinery appraisals in Ohio

The commercial business equipment and machinery appraisal profession is fragmented with varying degrees of expertise, the courts and banks are increasing their reliance on our valid opinions more scrutiny is being placed on the process, be prepared.

FOR IMMEDIATE RELEASE

 
PRLog (Press Release) - Oct. 5, 2011 - The commercial business equipment and machinery appraisal profession is highly fragmented with varying degrees of expertise, with the courts and lenders increasing their reliance on our “valid” opinions more scrutiny is being placed on the process....be prepared.

The phrase "voir dire" is French; in modern English it is interpreted to mean "speak the truth" and generally refers to the process by which prospective jurors are questioned about their backgrounds and potential biases before being invited to sit on a jury.

In a common trial, "Voir Dire" can also mean a motion to cross-examine an expert witness during opposing counsel's direct examination to establish the credibility of said witness before damaging evidence is brought to court through this witness who may not be credible. This saves possibly not only days of testimony and wasted time for a court, but also insures any prejudical evidence is brought through by a credible, expert witness.

Another common judicial proceeding is the Daubert challenge, which is a hearing conducted before the judge where the validity and admissibility of expert testimony is challenged by opposing counsel. The expert is required to demonstrate that his/her methodology and reasoning are scientifically valid and can be applied to the facts of the case.
The term comes from the 1993 U.S. Supreme Court case, Daubert v. Merrell Dow Pharmaceuticals, Inc., 509 U.S. 579 (1993), in which the Court articulated a new set of criteria for the admissibility of scientific expert testimony. In its 1999 Kumho Tire v. Carmichael opinion, the Court extended Daubert's general holding to include non-scientific expert testimony as well.



Ipse dixit is a Latin phrase meaning he himself said it. The term labels a dogmatic statement asserted but not proved, to be accepted on faith in the speaker.[1] Usually from a person of standing or good reputation, such as Aristotle or even Plato; a dictum.
The legal and philosophical principle of "Ipse dixit" involves an unproven assertion, which is claimed to be authoritative because "[Latin 'he himself said it.'"] It is asserted, but not proved, this is not generally what our clients or courts are looking for, there needs to be solid reasoning behind your valuation.  

Good advice for any appraisal is to approach every appraisal as if it might land you in court
Bryan Worley, CAGA is a member of the Certified Appraisers Guild of America with USPAP Certification.

# # #

Commercial and Business liquidations, appraisals and auctions

Specialist in large quantity liquidations

National Commercial Bulk Business Asset Liquidation Featuring Construction Equipment, Restaurant Equipment ,Vehicles, Store Fixtures, Office Equipment, Supermarkets, Automobile Operations, Building Material Inventories, Pallet Racking, Computers, Forklifts and Plant Relocations Liquidator

Worley is one of the earliest pioneers of licensed and bonded traditional auctioneers blending the online-only auction format that offers the convenience and exposure of the internet with the security of a licensed professional.

With over 14 years of experience...

With over 1000 auctions successfully conducted and advertised...

--- End ---

Click to Share

Contact Email:
***@auctionwaves.com Email Verified
Source:Bryan Worley CAGA
Phone:330-949-7653
Zip:44641
City/Town:Canton - Ohio - United States
Industry:Appraisal
Tags:appraiser, divorce, auction, bankruptcy, auto equipment, machinery, restaurant, used equipment, value, valuation
Shortcut:prlog.org/11685008
Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share