The Technology Associated with Manufacturing Computers Has Advanced Enormously

question 317

Multiple Choice

The technology associated with manufacturing computers has advanced enormously.This change has led to the price of a computer ________ and the quantity ________.

• A) rising; increasing
• B) rising; decreasing
• C) falling; increasing
• D) falling; decreasing
• E) falling; not changing

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Definitions:

Default

The failure to fulfill a legal obligation, such as not making a payment on a loan.

Equity of Redemption

The right of a borrower to reclaim property put up as collateral after clearing their debt, especially in relation to mortgage agreements.

Mortgageable Estate

A property or estate which can be used as security for a mortgage loan.

Writ of Possession

A court order granting a party the right to take possession of property, often issued after a judgment in an eviction or foreclosure process.