When Savers Buy Securities from Borrowers Without the Assistance of Any

question 52

Multiple Choice

When savers buy securities from borrowers without the assistance of any third-party, they are using

• A)direct finance.
• B)indirect finance.
• C)a secondary market.
• D)a financial intermediary.

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Definitions:

Reapply

The act of applying again or anew, often with the intention of achieving a different or improved outcome.

Deculturation

The process through which individuals lose their native cultural identity, typically as a result of prolonged contact with another culture.

Dominant Partner

A dominant partner typically refers to the more controlling or influential entity in a business relationship or alliance.

Mismanagement

The improper, inefficient, or negligent administration or handling of tasks or resources in a business, organization, or institution.