When a Lender Refuses to Make a Loan,although Borrowers Are

question 93

Multiple Choice

When a lender refuses to make a loan,although borrowers are willing to pay the stated interest rate or even a higher rate,the bank is said to engage in

• A)coercive bargaining.
• B)strategic holding out.
• C)credit rationing.
• D)collusive behavior.

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Definitions:

Vertical Integration

Developing the ability to produce goods or services previously purchased or actually buying a supplier or a distributor.

JIT Partnerships

Just-In-Time partnerships; close collaborations between suppliers and companies to ensure timely delivery of parts, minimizing inventory.

Unnecessary Activities

Tasks or processes that do not add value or contribute positively to the end goal, often considered wasteful.

Engineering Changes

Modifications or updates made to a product's design or manufacturing process, often to improve functionality, performance, or production efficiency.