The Credit Applicant's ________ Is the Amount of Assets the Applicant

question 44

Multiple Choice

The credit applicant's ________ is the amount of assets the applicant has available for use in securing the credit.

• A) character
• B) capacity
• C) capital
• D) collateral

---

Definitions:

Materials

Physical substances or components from which something is made or can be made.

Transmittal

The process or act of sending or conveying something from one place, person, or thing to another.

Memo

A short written document, typically used within an organization, to communicate a message, directive, or policy among employees or departments.

Format

The arrangement, design, or layout of text, data, or material, determined by specific guidelines or preferences.