Bassett group M/J’18 kaplan kit- part a) i and ii) Transfer of software

The transfer of software gives rise to several audit risks.
First, there is a risk that the software was overvalued when it was transferred from Bassett Co to Borzoi Co. The fair value which was recognised in the parent company accounts immediately prior to the transfer of the asset was determined by Group management, and while revaluation is permitted by IAS 38 where an active market for the asset exists, this fair value could be inappropriate. In the absence of an active market, it is unlikely the revaluation should have been recognised at all.

ma’am nowhere in the question it is given that active market doesn’t exist for Bassett’s software. so then are they assuming?

Or the fact that the terminology in the question is “estimate of fair value was determined by Group management” —this is an indication that active market doesn’t exist?