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Which One of the fiVe Cs of Credit Refers to the fiNancial

question 215

Multiple Choice

Which one of the five Cs of credit refers to the financial reserves of a customer?


Definitions:

Price-elastic

Descriptive of a product or service for which demand significantly increases or decreases as the price changes.

Health Care

The organized provision of medical services to individuals or communities to maintain or improve their health.

Household Budget

A budgeting strategy that distributes anticipated personal earnings into categories for spending, saving, and paying off debts.

Price Elasticity

An assessment of the sensitivity of the demand for an item to shifts in its cost.

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