CFA Practice Question

There are 275 practice questions for this study session.

CFA Practice Question

The financial system facilitates borrowing by ______

I. credit bureaus collecting and disseminating information that lenders need to know about borrowers.
II. the government establishing bankruptcy codes and courts.
III. arranging loans with low costs.
Correct Answer: I, II and III

User Contributed Comments 4

User Comment
vikas259 why III.
mhanazi123 Information is available at no cost
cgalarzac III it's because the lower the costs, you can lend at lower rates thus more people will be willing to borrow money.
ibrahim18 why II. What had bankruptcy codes and courts have to do with this?
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