When the borrower engages in activities that make it less likely that the loan will be repaid, _________ is said to exist.
举一反三
- When the potential borrowers who are the most likely to default are the ones most actively seeking a loan, _________ is said to exist.
- When the lender and the borrower have different amounts of information regarding a transaction, _________ is said to exist.
- A loan that requires the borrower to make the same payment every period until the maturity date is called a _________
- When the lender provides the borrower with an amount of funds that must be repaid to the lender at the maturity date, along with an additional payment for the interest, it is called a ______
- Higher trust can create higher loyalty because when customers trust you, they are less likely to look elsewhere in the first place and if you do make a mistake, they are more likely to forgive you.