Which of the Following Would Be Considered Physical Capital

question 313

Multiple Choice

Which of the following would be considered physical capital?

• A)the refrigerators at Uncle Bob's restaurant
• B)rivers on which goods are transported
• C)the skills and knowledge of a lawyer
• D)All of the above are correct.

---

Definitions:

Insure Premises

The process of obtaining insurance coverage for physical property against loss or damage.

Collateral Mortgage

A type of mortgage where the borrower offers property as security for the loan, beyond the purchased property itself.

Foreclosure Proceedings

The legal process by which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments, usually leading to the seizure and sale of the borrower's property.

Registered Discharge

The process of officially recording the removal of a legal claim or lien against an asset, typically property.