This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the lending/borrowing process, a financial intermediary function is to bear the risk that the ... (Read 93 times)

savannahhooper

  • Hero Member
  • *****
  • Posts: 576
on: Jul 11, 2018
In the lending/borrowing process, a financial intermediary function is to bear the risk that the borrower will not repay.
 
  Indicate whether the statement is true or false.

Question 2

The basic function of financial intermediaries is to move advice from lenders to borrowers and back to lenders.
 
  Indicate whether the statement is true or false.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: TRUE

Answer to Question 2

Answer: FALSE
Explanation: The basic function of financial intermediaries is to move MONEY from lenders to borrowers and back to lenders.


savannahhooper

  • Hero Member
  • *****
  • Posts: 576
Reply #2 on: Jul 11, 2018
Thank you


chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #3 on: Jul 11, 2018
No problemo


« previous next »
 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

U.S. Cancer Risk—Racial Diversity U.S. Cancer Risk—Racial Diversity
Example of Truth in Lending form. Example of Truth in Lending form.
Risk & Aseptic Processing - RABs Filling Line Risk & Aseptic Processing - RABs Filling Line
Macrophage caught in the process of engulfing tuberculosis bacteria. Macrophage caught in the process of engulfing tuberculosis bacteria.
Genome annotation of predicted biological function Genome annotation of predicted biological function
Video: Introduction to filtration - filtrate formation and composition

For a complete list of videos, visit our video library