Which of the Following Is Not One of the 'Five

question 54

Multiple Choice

Which of the following is not one of the 'five C's' of deciding which customers should be granted credit?

• A)Character.
• B)Capacity.
• C)Capability.
• D)Capital.

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Definitions:

Certified Check

A personal check guaranteed by the issuing bank, ensuring that the check writer has sufficient funds for the check to clear.

Draw

A term referring to either a poker game variant, the process of selecting something in a random manner, such as in a lottery, or drawing funds against a line of credit.

Responsible

Being accountable for something within one's power, control, or management.

Service Fee

A charge levied for the provision of a particular service, often added to the basic cost of the service.