In the 5 Cs of Credit,capacity Refers to the Borrower's

question 72

True/False

In the 5 Cs of credit,capacity refers to the borrower's financial ability to meet credit obligations.

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Definitions:

Affirmative Action

Policies that support members of disadvantaged groups that have previously suffered discrimination in areas like education and employment.

Supreme Court

The highest federal court in the United States, with ultimate appellate jurisdiction over all federal and state court cases involving matters of federal law.

Limitations

Constraints or restrictions imposed on actions, powers, or activities.

Seneca Falls Convention

The first women's rights convention held in 1848 in Seneca Falls, New York, which discussed the social, civil, and religious condition and rights of women.