When Evaluating Credit,a Customer Who Has Sufficient Disposable Income and Cash

question 45

Multiple Choice

When evaluating credit,a customer who has sufficient disposable income and cash flow to pay off a loan is said to have

• A)creditworthiness.
• B)capacity.
• C)character.
• D)collateral.

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Definitions:

Achievement-motivated

Characterizes individuals who are driven by the desire to accomplish significant tasks, solve problems, and achieve high standards of success.

Services

Economic activities offered by one party to another, often involving a form of work done for customers without the production of physical goods.

Success

Success refers to the achievement of a desired aim or outcome, often measured by accomplishing goals, accruing wealth, or receiving recognition.

Ideals-motivated

Driven by high standards or principles, often relating to ethical, moral, or perfectionist goals rather than practical considerations.