Which of the Following Is One of the Criteria for Borrowers

question 28

Multiple Choice

Which of the following is one of the criteria for borrowers to qualify for a Small Business Administration-backed loan?

• A)The borrower should not be a financial service provider.
• B)The borrower should not be a home-based business.
• C)The borrower should be unable to secure conventional commercial financing.
• D)The borrower should be a not-for-profit organization that focuses on energy conservation.

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Definitions:

Decision

The act of making a choice or coming to a resolution among two or more alternatives.

Loudest Person

Typically refers to the individual in a group who speaks with the highest volume, often drawing the most attention.

Company Culture

The shared values, beliefs, behaviors, and practices that characterize an organization and its employees.

Ground Rules

Basic guidelines or agreed-upon rules that dictate the behavior or operations within a particular context or group activity.