Which of the Following Is NOT a Remedy That Is

question 24

Multiple Choice

Which of the following is NOT a remedy that is available to a borrower under the hardship provisions of the National Credit Code?

• A) Postpone repayment for a specified period.
• B) Extend the period of the contract.
• C) Reduce the amount of the repayments.
• D) Set aside or cancel the credit contract.

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Definitions:

Interpersonal Communication

The process by which individuals exchange information, feelings, and meaning through verbal and non-verbal messages.

Direct Barriers

These are tangible or explicit obstacles that prevent or hinder progress towards a goal, such as legal restrictions or physical impediments.

Constructive Feedback

Feedback given in a way that supports growth and improvement, focusing on specific actions rather than personal attributes.

Communication Openness

The willingness and capacity to share ideas, thoughts, and feelings openly in conversations, fostering an environment of transparency and trust.