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IQuestion 1 4 Not yet an swered Marked out of 1.00 .1, Flag question What does it mean for a loan to be in default? [H] a: when the lender of a lean supplies the full amount of a lean to a borrower without any promise of being repaid when the borrower of a loan fails to repay on schedule according to a loan contract, with the agreement of the lender when the borrower of the a loan fails to repay on schedule according to a loan contract, without the agreement of the lender when the lender of a loan fails to offer the promised sum when the lender of a loan fails to supply the full amount of a loan to the borrower