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 95 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?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

A closer look at the structure and function of photosystem II A closer look at the structure and function of photosystem II
taste process taste process
Part C - Structure and function of the human brain Part C - Structure and function of the human brain
Continue the process until the canister is empty and the engine stalls. Remove the cleaning ... Continue the process until the canister is empty and the engine stalls. Remove the cleaning ...
How to combine and sketch transformations of a sinusoidal function (Question 2) (y=a*sin⁡b(x−c)+d) How to combine and sketch transformations of a sinusoidal function (Question 2) (y=a*sin⁡b(x−c)+d)
The Drug Development Process The Drug Development Process
Video: Exercise and cardiac output

For a complete list of videos, visit our video library