Against your better judgment, you lend $100 to your cousin Manny, who has a reputation for failing to pay back loans. What kind of risk are you taking?
(A) A credit risk
(B) A time risk
(C) A liquidity risk
(D) An inflation rate risk
Answer: (A) A credit risk
Business
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A major benefit to all parties of established channel roles is the _____
a. development of long-term relationships among channel members b. use of intensive distribution to foster consumer convenience c. reduction in retail selling price due to private brands d. development of a uniform image
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Using Table 7.14, which activity has the largest standard deviation, and how large is that standard deviation?
A) Activity A; 0.83 weeks B) Activity B; 1.25 weeks C) Activity D; 1.5 weeks D) Activity C; 1.25 weeks
Business