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:

Virtual Team

A group of individuals who work together from various geographical locations, communicating mainly through electronic means.

Functions Well

Operates effectively and efficiently, fulfilling its intended purpose or role with good performance.

Self-Selection

A method where individuals choose or volunteer themselves for specific roles, tasks, or activities based on their own preferences or strengths.

Team Members

Individuals who are part of a group working together towards a common goal.