Which of the Following Is TRUE of a Credit Applicant's

question 249

Multiple Choice

Which of the following is TRUE of a credit applicant's character?

• A)It reflects a credit applicant's ability to repay his debt obligation.
• B)It reflects a credit applicant's past payment history.
• C)It reflects the level of liquid assets available with a credit applicant.
• D)It reflects any unique conditions surrounding a credit applicant's transaction.

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Definitions:

Mary Ainsworth

A developmental psychologist known for her work in early emotional attachment with "The Strange Situation" assessment.

Industry Versus Inferiority

A stage in Erik Erikson's theory of psychosocial development where children develop a sense of competency and skills, or feel inadequate and inferior.

Erikson

Erik H. Erikson, a developmental psychologist and psychoanalyst known for his theory on the social development of human beings and coined the phrase "identity crisis".

Sense of Competence

Describes an individual's belief in their own abilities to successfully execute tasks.