Examlex

Solved

Which of the Following Falls on the Positive Side of Risk-Taking

question 140

Multiple Choice

Which of the following falls on the positive side of risk-taking behaviour of organizations?


Definitions:

Security Interest

A legal claim or lien on collateral, ensuring that a debt or obligation is secured with specific property.

Creditor

An individual or institution that lends money or extends credit to another entity, which is obliged to pay back the loan.

Pledge

The transfer of collateral to a secured party.

Collateral

Assets pledged by a borrower to secure a loan or credit, which the lender can seize if the borrower defaults on the repayment.

Related Questions