In financial markets, lenders typically have inferior information about potential returns and risks associated with any investment project. This difference in information is called
A) comparative informational disadvantage.
B) asymmetric information.
C) variant information.
D) caveat venditor.
B
Business
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After buying a home and receiving a standard policy of title insurance, you deter- mine that the "tenant" claims to be an owner under an unrecorded grant deed. Which statement is TRUE?
A. You are protected by your insurance. B. If you record first, you will be protected. C. You are not insured for this loss. D. An abstract would have given you greater protection.
Business
Section 2A-2011. of the Uniform Commercial Code (UCC) states that lease contracts involving payments of $1,000 or more must be in writing
Indicate whether the statement is true or false
Business