Answer :
In a market value appraisal, every comparable sale should have been sold in an arm's length transaction, with no undue duress.
An arm's length transaction is an expression which is commonly used to refer to transactions in which two or more unrelated and unaffiliated parties agree to do business. Here they act independently and in their self-interest, and with no undue duress.
For instance, an arm's-length transaction is when a home buyer and a stranger who is selling a house, and each is offering what the other wants, but neither has any obligation to the other.
Hence, every comparable sale should have been sold in an arm's length transaction, where no person or a party has been forced into a contract.
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