Which of the Following Is NOT a Valid Credit Application

question 9

Multiple Choice

Which of the following is NOT a valid credit application question?

• A) How much of a loan are you requesting?
• B) What is the account number for your checking account?
• C) What is the name of the nearest relative not living with you?
• D) How many dependents do you have?
• E) All of these are valid credit application questions.

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Definitions:

Competitive Scope

Competitive scope involves the breadth, domain, or range of arenas in which a company chooses to compete, determining its market reach and focus.

Divestiture Strategy

A business strategy involving the sale, closure, or spinoff of a company division or segment to refine its core operations or generate capital.

Corporate Strategy

The overall direction and scope of a corporation, including how it selects and manages its businesses and investments to achieve long-term goals.

Safety Practices

Protocols and actions implemented to ensure the health and safety of employees and to prevent workplace accidents and injuries.