Solved

A Small Local Bank Failed Because a Housing Market Collapse

Question 96

Multiple Choice

A small local bank failed because a housing market collapse following the departure of the area's largest employer.What type of risk applies to the failure of the institution?


A) Firm-specific risk.
B) Technological risk.
C) Operational risk.
D) Sovereign risk.
E) Insolvency risk.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents