Rita Is Planning to Remodel Her House

Multiple Choice

Rita is planning to remodel her house. However, she does not have enough savings and does not wish to borrow from her family members. She chooses to seek the services of peer-to-peer sites. She visits FriendlyGesture, a site that allows people looking to borrow money find appropriate parties who can loan them the required amount at a certain agreed-upon rate. In the process, FriendlyGesture receives a fee of 2 percent of the loan amount. In this scenario, the site FriendlyGesture is a _____.

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