Question: 8. An overdraft facility with a bank is a form of borrowing. (1 Point) True False 9. The higher the risk a borrower is, the

8. An overdraft facility with a bank is a form of

8. An overdraft facility with a bank is a form of borrowing. (1 Point) True False 9. The higher the risk a borrower is, the higher the interest rate they are likely to be charged. (1 Point) True False 10. Islamic banks operate on the basis of the bank, a borrower and a lender, sharing the risks and any profit made (1 Point) True False

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