Solved

A Small Local Bank Failed Because of a Housing Market

Question 76

Multiple Choice

A small local bank failed because of 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) insolvency risk

Correct Answer:

verifed

Verified

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

Related Questions