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 106 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?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Upstream Process - Inoculum Preparation & Expansion Upstream Process - Inoculum Preparation & Expansion
How to use L'Hospital's Rule to find the limit of a function (Part 2) How to use L'Hospital's Rule to find the limit of a function (Part 2)
Oxygen affinity of hemoglobin as a function of pH Oxygen affinity of hemoglobin as a function of pH
Spinous process Spinous process
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
Algebraically determine the x intercept of the exponential function Algebraically determine the x intercept of the exponential function
Video: Ear Animation

For a complete list of videos, visit our video library