When Evaluating the Creditworthiness of a Customer,the Term Character Refers

question 31

Multiple Choice

When evaluating the creditworthiness of a customer,the term character refers to the:

• A)nature of the cash flows of the customer's business.
• B)customer's financial resources.
• C)types of assets the customer wants to pledge as collateral.
• D)customer's willingness to pay bills in a timely fashion.
• E)nature of the customer's line of work.

---

Definitions:

Collectivist Cultures

Societies that prioritize the needs and goals of the group over the individual, often characterized by strong family ties and community involvement.

Traditional Views

Perspectives or beliefs that have long been held and passed down within a society, often relating to social roles, norms, and values.

Gender Roles

are societal norms dictating the types of behaviors which are generally considered acceptable, appropriate, or desirable for people based on their actual or perceived sex or gender.

Sexually Transmitted Infection

Infections that are primarily spread through sexual contact, including viruses, bacteria, and parasites.