Banting (crater) Banting (crater) Banting is a small, bowl-shaped lunar impact crater located near the middle of the Mare Serenitatis on the Earth's moon. Originally named Linné E, in 1973 the crater was renamed for Sir Frederick Banting in honour of his outstanding medical contributions – the most famous being his discovery of insulin. Linné itself, named after the 18th-century Swedish botanist Carl von Linné, lies to the west-northwest. Other nearby craters are Sarabahi in the east-southeast and Hornsby located more than 100 km to the southwest. About 70–80 km to the east is Bessel H, a satellite crater of Bessel. About
Highest and best use of the land as vacant exceeds the value of the property as improved less reversion/demolition costs, then redevelopment of the site becomes the maximally productive use of the property, and continued use of the existing improvements that do not represent the highest net value of the site is considered to be financially unfeasible. Finally, the use must generate the highest net return (profit) to the developer. A property that could hypothetically be developed with residential, commercial or industrial development might only have one of those uses as its highest and best use. These three hypothetical development scenarios follow to illustrate