Examlex

Solved

There Are Many Concerns for Risk-Averse Lenders

question 78

Multiple Choice

There are many concerns for risk-averse lenders.Consider the following: 1.Lenders are concerned that borrowers with the greatest risk are the ones most likely to actively pursue loans.2.Lenders are concerned that real GDP will decline leading to reduced corporate profits.3.Lenders are concerned that products produced by certain corporations will become obsolete.


Definitions:

Discounts

Reductions from the usual cost of goods or services, often provided as a promotion or reward.

Warranties

Legally binding guarantees provided by a manufacturer or seller to a buyer, assuring the product will meet specified standards of performance and quality.

Long-Term Customer Relationships

Building enduring connections with customers, focusing on loyalty and repeated business through ongoing satisfaction and engagement.

Financial Rewards

Benefits given in the form of money, such as salaries, bonuses, or commissions, as compensation for employment or achieving specific goals.

Related Questions