Use the Following Two Columns of Items to Answer the Matching

question 13

Short Answer

Use the following two columns of items to answer the matching questions below:
-unsecured loan
A)disclosure of information including a balance sheet and cash flow statement
B)a contract that specifies the terms of the loan agreed to by the borrower and lender
C)loan that is not backed by collateral
D)life or duration of a loan

• A)disclosure of information including a balance sheet and cash flow statement
• B)a contract that specifies the terms of the loan agreed to by the borrower and lender
• C)loan that is not backed by collateral
• D)life or duration of a loan

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Definitions:

Economic Impact

The effect of an event, policy, or market change on the economy, which can be measured in terms of changes in employment, GDP, or other economic indicators.

Apartments

Living spaces within a building or complex, typically rented, that provide residential accommodation.

Equilibrium Price

The market price at which the quantity of goods supplied is equal to the quantity of goods demanded.

Nonprice Rationing

The allocation of goods or services using criteria other than price, such as waiting lists or lotteries.