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Linda Needs Money Urgently Because of a Family Medical Emergency

Question 26

Multiple Choice

Linda needs money urgently because of a family medical emergency. She decides to avail the services of a money borrowing site. She visits one of the leading peer-to-peer site, enters the amount she requires, and also enters other personal and professional details as required by the site's terms and conditions. She then receives intimation from people across the globe who wish to loan the money at certain rates. She chooses the one that she feels is appropriate and enters a deal. In this scenario, the site Linda uses to borrow the required money is referred to as the _____.


A) peer-to-peer lender
B) peer-to-peer recipient
C) peer-to-peer socializer
D) peer-to-peer distributer

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