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kramer
3 years ago
14

Typically homes ------- over time and cars ------------ over time

SAT
1 answer:
Art [367]3 years ago
6 0
Typically homes appreciate over time and cars depreciate over time.
As the world gets more and more crowded with people the value of real property continues to increase. This gives increasing value to the real property which is owned.
Vehicles typically are used regularly and have a useful life before they are worn out. A durable good that serves in a bathtub curve will depreciate over time.
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A contract can be defined as an agreement between two or more in which certain legal obligations are expected to be fulfilled by both parties involved.

When there is misrepresentation on a contract due to negligence, it can mislead a party into signing the contract when they, otherwise, might not have.

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