Below Mentioned List Shows the Significant Risks of _______________

question 223

Multiple Choice

Below mentioned list shows the significant risks of _______________. Borrowers with cash-flow difficulties Borrowers with no lower-cost credit alternatives Minimal analysis of borrower's ability to repay the loan Minimal review of borrower's credit history Credit is usually unsecured

• A) Payday lending
• B) Loan flipping
• C) Equity stripping
• D) None of these

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Definitions:

Household Organization

Describes the structure and management of a household or family unit, including roles, responsibilities, and relationships among members.

Industrial Societies

Societies characterized by a reliance on mechanized labor and an emphasis on manufacturing and industrial production.

Nuclear Family

A group consisting of one or two parents and dependent offspring, which may include a stepparent, stepsiblings, and adopted children. Until recently, this term referred only to the father, mother, and child(ren) unit.

Colonized

The action or process of settling among and establishing control over the indigenous people of an area.