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Jim purchases land hoping that the value of the land will increase over the next five years. What risk does Jim face? scam theft losing money in an investment paying for expensive repairs

2 Answers

3 votes

Jim will risk losing money in an investment.

answered
User Kornelija
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8.2k points
3 votes
Jim will risk LOSING MONEY IN AN INVESTMENT.

Land is an asset that does not repairs. However, it can be subjected to devaluation. The value of the land may increase and decrease depending on its location and the development that occurred in its locality.

answered
User Atef Hares
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7.8k points
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