Asked by
Yanira Piedra
on Nov 07, 2024
Verified
Which of the following not a component in the 5 Cs of credit?
A) Character.
B) Capacity.
C) Capital.
D) Collateral.
E) Choice.
Choice
The act of selecting between two or more possibilities or the freedom to pick an option among several.
Capacity
The maximum amount that something can contain or produce; in a business context, it often refers to the maximum output or production ability.
Collateral
An asset that a borrower offers to a lender as security for a loan.
- Gain insight into the vital importance and components involved in evaluating credit, inclusive of the five Cs of credit.
Verified Answer
KD
Learning Objectives
- Gain insight into the vital importance and components involved in evaluating credit, inclusive of the five Cs of credit.
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