Five C’s of credit are:-
1. Character/creditworthiness
2. Capacity/Cash flow
3. Capital
4. Conditions
5. Collateral
Thus the answer is b) criminal record
Question 1 (1 point) The three things that are considered for underwriting a loan include all...
Question 1 (1 point) Saved In a world without deposit insurance we would expect to see all the following EXCEPT: Question 1 options: frequent bank runs. the public being reluctant to deposit in banks. people keeping more money in cookie jars and under the mattress. Question 2 (1 point) Saved All the following are current regulations on banks, EXCEPT: Question 2 options: Banks need to show their books to on-site examiners. Banks need to hold a certain amount of capital...
Which of the following is an advantage of using equity as a source of funding? 1. It won’t dilute existing shareholder’s value of change ownership percentage. 2. The cost of equity is usually lower than the cost of credit. 3. It doesn't have additional financial commitments. 4. It’s very liquid and always accepted. -------------------------------------------------------------------------- If you borrow $5,000 with 4% interest compounded annually, how much total interest do you need to pay after 2 years? 1 400 2. 404 3....
1. When it comes to financial matters, the views of Aristotle can be stated as: a. usury is nature’s way of helping each other. b. the fact that money is barren makes it the ideal medium of exchange. c. charging interest is immoral because money is not productive. d. when you lend money, it grows more money. e. interest is too high if it can’t be paid back. 2. Since 2008, when the monetary base was about $800 billion,...
Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...