Which of the following conditions is not conducive to direct lending-borrowing through financial markets: When monitoring the financial condition of the borrower is fairly easy and low cost the firm borrowing is small and not well known to lenders There is good publicly available information about the borrower When assessing the riskiness of the borrower is relatively easy and low cost

Economics Today and Tomorrow, Student Edition
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Chapter4: Going Into Debt
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Which of the following conditions is not conducive to direct lending-borrowing through financial markets:

When monitoring the financial condition of the borrower is fairly easy and low cost

the firm borrowing is small and not well known to lenders

There is good publicly available information about the borrower

When assessing the riskiness of the borrower is relatively easy and low cost

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