In terms of "borrowing and lending," banks __________. eliminate all risk when saving money. charge interest to lenders. enforce

Question

goblinko [34]

4 years ago

5

In terms of "borrowing and lending," banks __________. eliminate all risk when saving money. charge interest to lenders. enforce

penalties for non-repayment.

History

2 answers:

k0ka [10] · Answer 1 · 2021-12-11T20:03:04+03:00

k0ka [10]4 years ago

6 0

Answer:C) enforce penalties for non-repayment

Explanation:

Rainbow [258] · Answer 2 · 2021-12-11T22:30:18+03:00

in terms of borrowing and lending banks <u>enforce penalties for non-repayment. </u>

<h2>Further Explanation </h2>

In the banking system, the relationship between a customer depositing funds and borrowing funds is based on an agreement between the customer and the bank. Where the agreement has been protected by applicable law. So if there is a fraud in the legal agreement system, it can be enforced.

Learn more

banking system brainly.com/question/7275286, brainly.com/question/3936717

Details

Class: High School

Subject: History

Keywords: banking system, applicable law in savings and loan