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A Borrower Has Information That It Does Not Make Available

question 70

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A borrower has information that it does not make available to a prospective lender; this is an example of:


Definitions:

Six-Digit Coding

A system often used in categorizing and organizing information or items, where each item is assigned a unique six-digit code.

Industry Group

A classification involving businesses that operate in the same sector or industry and share similar product lines or services.

NAICS

The North American Industry Classification System, a standard used by federal statistical agencies for classifying business establishments for statistical analysis.

Derived Demand

Demand for a factor of production or intermediate good that occurs as a result of the demand for another good or service.

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