The Form of Risk to the Lender Associated with a Borrower

question 88

Multiple Choice

The form of risk to the lender associated with a borrower not paying their debt is called

• A)market risk.
• B)default risk.
• C)overall risk.
• D)complete risk.

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Definitions:

Congress

The legislative branch of the federal government in countries such as the United States, consisting of two houses: the Senate and the House of Representatives, responsible for making laws.

Federal Budget

This refers to the government's estimate of spending and revenue for a specific fiscal year.

President

The elected head of a republican state.

Congress

The legislative branch of the United States federal government, composed of the House of Representatives and the Senate, responsible for making federal laws.