Bob Norton of the Insurance Appraisal and Umpire Association (IAUA) loves to play with the audience with the types of questions found in the title of this post. Bob will ask for a show of hands about how many say “yes” or “no.” Then pause and ask, how many say the answer is “it depends.” Then he will ask the people who raised their hands, saying, “It depends,” why they gave that answer. It is a fun and effective learning exercise for many issues which arise during appraisals.
