Which of the Following Is Most Likely to Get an Unsecured

question 217

Multiple Choice

Which of the following is most likely to get an unsecured loan?

• A) A retail florist shop with collateral
• B) A wholesale grocer with a marginal credit history
• C) A lawyer with collateral
• D) A large manufacturing firm with an excellent credit rating
• E) A farmer

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Definitions:

Crop Output

The total amount of agricultural produce harvested in a given period, which can be affected by factors like weather, soil fertility, and farming practices.

Consumer Goods

Products and commodities purchased by individuals for personal and household use.

Automobile Production

The manufacturing process of cars, involving assembly lines and complex supply chains, significant for its economic impact.

Farm Mechanization

The process of using agricultural machinery and equipment to increase the efficiency of farming operations and productivity.