Financial Intermediaries Match

question 140

Multiple Choice

Financial intermediaries match

• A) savers with lenders.
• B) borrowers with savers.
• C) banks with savers.
• D) banks with lenders.

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Definitions:

Punitive Damages

Punitive damages are compensation awarded in addition to actual damages, intended to punish the defendant for egregious wrongdoing and deter similar future actions.

Negligence

A failure to exercise appropriate and/or ethical ruled care expected to be exercised amongst specified circumstances, leading to harm or damage.

Reasonable Person

A legal standard used to determine how an average person would responsibly act under similar circumstances.

Society Expect

The anticipations or beliefs regarding behavior, norms, or achievements considered standard or desirable by a community or group.