Kevin Received Unsecured Financing from a Bank for His Plumbing

question 51

Multiple Choice

Kevin received unsecured financing from a bank for his plumbing business. This means that Kevin did NOT have to provide the bank with which of the following?

• A) reasons for the loan
• B) application forms
• C) collateral
• D) credit reports

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Definitions:

Political Skill

The ability to navigate and influence organizational and interpersonal dynamics effectively for achieving specific outcomes.

Social Astuteness

The ability to understand and navigate social situations effectively, often involving keen observation, understanding social cues, and acting diplomatically.

Networking Ability

The skill to establish and maintain professional relationships that can be beneficial for personal or organizational growth.

Insincerity

The quality of not expressing genuine feelings; deceitfulness or fake behavior.