Examlex
When a lender refuses to make a loan,although borrowers are willing to pay the stated interest rate or even a higher rate,it is said to engage in ________.
Person's Judgment
The capacity or ability of an individual to make considered decisions or come to sensible conclusions.
Bound in Contract
A legal state or condition wherein parties are legally obligated to fulfill the terms and conditions stipulated in a contract.
Non Est Factum
A legal defense in contract law where a person claims that a signature on a contract was signed by mistake, without understanding its nature.
Functionally Illiterate
Describes an individual whose reading and writing skills are inadequate to manage daily living and employment tasks that require literacy.
Q4: A _ is when one party in
Q10: With an interest rate of 10 percent,
Q15: When the demand for bonds _ or
Q23: The largest asset held by S&Ls is
Q41: Which of the following financial intermediaries are
Q43: "Stripping" a Treasury bond<br>A)means selling each of
Q56: Futures contracts are subject to default risk.
Q57: The return on a bond is equal
Q61: The purpose of reserve requirements<br>A)is to limit
Q66: Explain how a swap could be used