Microfinance or Microcredit Can Help Directly Support

question 220

Multiple Choice

Microfinance or microcredit can help directly support

• A) labor or workers.
• B) local governments.
• C) entrepreneurs.
• D) consumers.

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Definitions:

Release

In contract law, a promise made by one party agreeing not to sue a second party.

Legally Sufficient Consideration

Value that the law recognizes as adequate to form a binding contract, typically involving an exchange of goods, services, or promises.

Forbearance

The voluntary delay or suspension of an action, such as the enforcement of a debt obligation by a creditor.

Release

The act of freeing someone from obligation, restriction, or duty, or the act of making software, music, film, etc., available for the public.