unit 7 quiz business law 1a / unit 7: property and insurance 14. why do banks assume a lower risk when they…

unit 7 quiz business law 1a / unit 7: property and insurance 14. why do banks assume a lower risk when they loan money for real property than when they make loans for personal property? the value of real property tends to increase over time. the value of real property tends to decrease over time. the value of real property is always significantly higher than personal property. businesses never fail to make payments.

unit 7 quiz business law 1a / unit 7: property and insurance 14. why do banks assume a lower risk when they loan money for real property than when they make loans for personal property? the value of real property tends to increase over time. the value of real property tends to decrease over time. the value of real property is always significantly higher than personal property. businesses never fail to make payments.

Answer

Brief Explanations:

Real - property generally has an increasing value over time, providing more security for banks in case of default. Personal property may depreciate quickly.

Answer:

The value of real property tends to increase over time.