Question: If a lender cannot prevent a borrower from using the proceeds of a loan as proposed: a. All loan applications for profitable projects will be

If a lender cannot prevent a borrower from using the proceeds of a loan as proposed: a. All loan applications for profitable projects will be funded. b. The lender will make fewer loans. c. Borrowers will forgo risky projects. d. A lender would prefer to fund 100% of the project costs

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