A Term That Refers to the Borrower's Assets or Net

question 74

Multiple Choice

A term that refers to the borrower's assets or net worth is called:

• A)capacity.
• B)character.
• C)capital.
• D)collateral.
• E)conditions.

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Definitions:

Goal-Based Vision

A strategy or methodology focused on establishing and achieving specific objectives or outcomes.

Clear Communication

The process of conveying information in a straightforward and easily understandable manner.

Unique Strengths

Unique strengths are the personal abilities and talents that an individual possesses which distinguish them from others, often contributing to their success and well-being.

University Professor

An academic and educator who teaches students in colleges or universities and engages in scholarly research.