Which of the Five Cs of Credit Would Your Actual

question 143

Multiple Choice

Which of the five Cs of credit would your actual home be in relation to your mortgage?

• A)Character
• B)Capacity
• C)Collateral
• D)Capital
• E)Conditions

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Definitions:

Managerial Competence

The combination of skills, knowledge, and ability that enables a manager to effectively perform their duties and lead their team or organization.

Social Standing

The perceived rank or status of an individual or group within a social hierarchy.

Max Weber

A German sociologist, philosopher, and political economist, known for his theory on the structuring of society and for his ideas on bureaucracy.

Henri Fayol

A French engineer and management theorist renowned for developing a general theory of business administration and identifying the five primary functions of management.