Which of the Following Statements Is True

question 69

Multiple Choice

Which of the following statements is true?

• A)The administrative costs per dollar are greater for a large loan than a small loan.
• B)The risk on a long-term loan is likely to be less than on a short-term loan, ceteris paribus.
• C)a and b
• D)none of the above

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Definitions:

Distress

Severe anxiety, sorrow, or pain that causes emotional suffering.

Probability

A measure of how likely an event is to occur, expressed as a fraction between 0 and 1.

Self-Monitoring Personality

A trait of individuals who carefully observe and regulate their behavior to fit social situations and expectations.

Cooperate

involves working together with others towards a common goal or intent, emphasizing collaboration and mutual assistance.