The "5 Cs of Credit" Are

question 31

Multiple Choice

The "5 Cs of Credit" are:

• A) character, capacity, collateral, cash flow, and condition.
• B) character, cash flow, collateral, capital, and condition.
• C) character, capacity, collateral, capital, and convenience.
• D) character, capacity, compensation, capital, and condition.
• E) character, capacity, collateral, capital, and condition.

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Definitions:

Personal Identification

Involves the psychological process by which individuals associate themselves closely with persons, groups, or organizations, influencing their beliefs and behaviors.

Ultimate Form

The final or most developed version of something, after which no further evolution or refinement is expected.

Self-Concepts

The collection of beliefs and perceptions that an individual holds about themselves, including their identity, abilities, and worth.

Positive Charismatics

Individuals who possess an inspirational form of leadership that positively impacts others.