The Most Common Sources That Lenders Look to for Repayment

question 152

Multiple Choice

The most common sources that lenders look to for repayment of business loans include all of the following except:

• A)the borrower's cash flow.
• B)assets pledged as collateral.
• C)goodwill of the borrower.
• D)the borrower's net worth.
• E)None of the options is correct.

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Definitions:

Organizational Strategy

A plan devised by an organization to achieve long-term goals and sustain competitive advantage.

Stopgap Hiring

A temporary recruitment solution to fill urgent vacancies while looking for permanent staff.

Strategic Competitive Edge

The unique advantages that allow an organization to outperform its competitors, often through superior resources, positioning, or capabilities.

Strategic Planning

A systematic process of envisioning a desired future, and translating this vision into broadly defined goals or objectives, and a sequence of steps to achieve them.