Credit risk is the risk that the borrower will not succeed to make required payments. Therefore, the lander could lose principal and interest. The risk also includes disruption to cash flows and increased collection costs. The loss can be complete or partial and can arise in number of circumstances. To reduce credit risk, the lender performs a credit check on the borrower, and also can require the borrower to take out the appropriate insurance, like mortgage insurance. The lander also can ask a guaranty from the third side.
Answer:I know it’s long but hope it helps!
Explanation: production had already declined and unemployment had risen,leaving stocks in great excess of their real value,among the other causes of the eventual market collapse were low wages,the proliferation of debt,a struggling agricultural sector and an excess of large bank loans that could not be liquidated.
Many people believe erroneously that the stock market crash that occurred on Black Tuesday,October 29 1929 is one and the same with the Great Depression.in fact, it was one of the major causes that led to the Great Depression
The effects:
It did act to accelerate the global economic collapse of which it was also a symptom.By 1933 ,nearly half of America’s banks had failed ,and unemployment was approaching 15 million people, or 30 percent of the workforce.....
They were part of the Great Britain nation land claims
Europe but since 1965 the majority have been from Latin America and Asia something that is attributable to the : change in preference granted to Northern and Western Europeans.
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During Richard Nixon's presidency, he sought a court order to stop the publication of the Pentagon Papers. The Supreme Court ruled against him, finding that such a court order would violate...
B. Freedom of press
In the landmark case of New York Times v. United States, the Supreme Court upheld the freedom of the press to expose deception in the government as it was intended by the framers.
