Applying for a Loan in Five-Group Persons Is Called

question 11

Multiple Choice

Applying for a loan in five-group persons is called:

• A)family and friends lending.
• B)party of five lending.
• C)group responsibility.
• D)pooling.

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Definitions:

Grant Proposal

A formal request for financial assistance submitted to an organization or government entity, outlining a project's goals, methodology, and budget.

Logical

Pertaining to or exhibiting clear, reasoned thinking and analysis, typically following a coherent structure.

Due Date

The specified date by which something must be completed or submitted.

Proposal

Document that suggests a method and personnel for finding information or solving a problem.