Which of the Following Types of Borrowers Are Constantly Seeking

question 2

Multiple Choice

Which of the following types of borrowers are constantly seeking more funds and may have to take any payment terms offered?

• A)Unrational borrowers.
• B)Rational borrowers.
• C)Discrete borrowers.
• D)Surplus borrowers.
• E)None of the above.

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Definitions:

Independent Right

A right or privilege that exists on its own and does not depend on another condition or obligation being met.

Trade Secrets

Confidential business information that provides an enterprise with a competitive edge, and is subject to efforts to maintain its secrecy.

Provincial Trade Secrets Act

Legislation at the provincial level that provides protection for trade secrets and against unfair competition.

Confidential

Information or documents that are private and not to be shared with unauthorized individuals.