The Credit Applicant's _____________ Is the Amount of Assets the Applicant

question 4

Multiple Choice

The credit applicant's _____________ is the amount of assets the applicant has available for use in securing the credit.

• A) collateral
• B) capacity
• C) character
• D) capital

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Definitions:

Sellers

Individuals or entities that offer goods or services for sale to potential buyers in a marketplace.

Input Price

The cost associated with purchasing the raw materials, labor, and other resources required to produce goods and services.

Quantity Supplied

The amount of a good that producers are willing and able to sell at a certain price over a specified period of time.

Supply

The total amount of a good or service that producers are willing and able to sell at a given price over a specific time period.