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Cash Is One of the Six Cs of Lending and Refers

question 59

True/False

Cash is one of the six Cs of lending and refers to the fact that the lender wants to make sure that the borrower has the ability to generate enough cash to repay the loan.


Definitions:

Unconscious Anxiety

Anxiety that operates below an individual's level of awareness, influencing behaviors and feelings without conscious recognition.

Perceived Needs

Individual’s awareness and personal interpretation of necessities and requirements for well-being.

Learned Through Observation

Describes the process of acquiring knowledge or skills by watching the actions or behaviors of others.

Incongruence

A discrepancy between an individual's self-concept and their actual experience, often leading to discomfort and psychological stress.

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