What Are the Problems That Hinder Any Direct Transaction Between

question 29

Essay

What are the problems that hinder any direct transaction between the lender and borrower? What role do banks play in mitigating those issues?

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Definitions:

Written Business Communication

The process of exchanging information and ideas in a business setting through written documents, such as emails, reports, and memos.

Letters

Brief written messages sent to customers and other recipients outside an organization.

Customers

Individuals or entities that purchase goods or services from a business.

Topic

The overall subject of a message.