In the Case Where a Borrower Defaults on a Loan

question 58

True/False

In the case where a borrower defaults on a loan, the FI may lose only a portion of the principal that was loaned.

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Definitions:

Dura Mater

The tough, outer meningeal layer that covers and protects the brain and spinal cord. Also see arachnoid and pia mater.

Pia Mater

The inner membrane covering the brain and spinal cord; the innermost of the meninges; also see dura mater and arachnoid.

Arachnoid

The middle of the three meningeal layers that cover and protect the brain and spinal cord; see pia mater and dura mater.

Procedural Memory

A type of long-term memory that is responsible for knowing how to perform certain tasks without conscious awareness of the learning process.