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Other Fields Homework Help Economics Topic started by: Chako on Mar 11, 2016



Title: What does it mean for a loan to be in default?
Post by: Chako on Mar 11, 2016
What does it mean for a loan to be in default?
A) when the lender of a loan fails to supplies the full amount of a loan to the borrower
B) when the borrower of a loan fails to repay on schedule according to a loan contract, with the agreement of the lender
C) when the lender of a loan fails to offer the promised sum
D) when the lender of a loan supplies the full amount of a loan to a borrower without any promise of being repaid
E) when the borrower of the a loan fails to repay on schedule according to a loan contract, without the agreement of the lender


Title: Re: What does it mean for a loan to be in default?
Post by: machukian on Apr 5, 2016
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Title: Re: What does it mean for a loan to be in default?
Post by: Chako on Apr 25, 2016
Good answer, thank you


Title: Re: What does it mean for a loan to be in default?
Post by: machukian on May 11, 2016
Happy to help you!