Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) Borrower-specific factors are factors that affect all borrowers operating in the same industry.
B) Market-specific factors are factors that are idiosyncratic factors arising from the market that affects single or a small number of borrowers.
C) Market-specific factors carry a higher weight compared to borrower-specific factors when deciding on whether to accept or to reject a loan application.
D) None of the listed options are correct.