Question: 1. Lending is beneficial because it has no risks attached, the risk is always for the borrower. (1 Point) True False 2. In finance, borrowing

1. Lending is beneficial because it has no risks attached, the risk is always for the borrower. (1 Point) True False 2. In finance, borrowing refers to the use of money for a period of time with the obligation to pay it back at some point in the future. (1 Point) True False 3. Borrowing money always involves paying the lender interest 17 (1 Point) True False
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