If a Customer Wanted to Obtain Bank Financing Which of the Following

question 7

Multiple Choice

If a customer wanted to obtain bank financing which of the following will the bank inquire about before granting a loan?

• A) Firms credit history
• B) financial position of the firms creditors
• C) firms cash flow
• D) a and c

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Definitions:

Chain Restaurants

Chain restaurants are a series of restaurants owned by the same company or individual, offering a standardized menu across different locations.

Competitive Advantage

The attributes or conditions that allow a company to produce a good or service at a lower price or in a more desirable fashion for customers than its competitors.

Communist Central Planners

Officials or authorities in a communist country responsible for determining the production, distribution, and allocation of goods and services.

Product Differentiation

The act of distinguishing a product or service from market rivals to heighten its allure for a particular target market.