Suppose Cho comes into a large sum of money and decides to lend it out to
earn interest on it. She realizes, however, that even if she could evaluate
whether a borrower is creditworthy before making a loan, she cannot ensure that
her borrower will use the money as promised. She therefore deposits her money
in a local bank, a financial intermediary. Because financial intermediaries can
track customers' uses of money more easily than Cho can and take action
quickly in cases where borrowers use the money irresponsibly, this is an
example of how financial intermediaries can help solve the problem of:.
A. Moral hazard.
B. Insolvency.
C. Adverse selection.

Select the statement that indicates tina's company is a partnership. tina jones is a dancer specializing in latin dance styles. she always wanted to have her own dance studio where she could teach dancing to young and old alike. in 2006, she opened her first dance studio, electric diva, in madison triangle. it was a great choice as a business location because it's well-connected by highways to most places in the city. she leased the space for three years. her initial investment included a good sound system, cheerful interior design, and strong flooring. to raise capital for the business, tina turned to her brother-in-law, philip. philip made half the financial investment. he manages the accounts and social media needs of the business. he has a 30% share in trisha's business. together, they expanded the business to three dance studios in the city and plan to open franchises in other cities.

Which of the following best describes why you need to establish goals for your program?

Why has the free enterprise system been modified to include some government intervention?