Question

Question 5

Which definition is the correct definition of "risk-based financing"?
A. Risk-based financing: If you don't like people, you charge them more.
B. Risk-based financing: If a company thinks you are less likely to pay as you
have agreed to pay, they charge you more.
C. Risk-based financing: If you are an older person, they charge you more.
D. Risk-based financing: Is used when you are from a family of race-car drivers

Answer 1

B. If a company thinks you are less likely to pay as you have agreed to pay, they charge you more.

Step-by-step explanation:

hope this helps.