Which of the Following Is Not Use to Assess Whether

question 13

Multiple Choice

Which of the following is not use to assess whether credit should be extended to a household?

• A)The amount of income earned.
• B)The amount of debt outstanding.
• C)The history of timely repayments of debt owed.
• D)Whether the loan is secured by an asset.
• E)All of the above are used to assess credit.

---

Definitions:

Retirement

The period in life where an individual stops working full-time, often due to age, allowing for more personal time and less income.

Family and Friends

Social support networks consisting of relatives and acquaintances, often providing emotional and material support.

Metabolism

The complex set of life-sustaining chemical reactions in the body's cells that process nutrients and convert them into energy.

Obesity

A medical condition characterized by an excessive accumulation and storage of fat in the body, leading to health problems.