Asked by

Michelle Samora
on Nov 07, 2024

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Of a firm's five Cs of credit, which is LEAST likely to be managed directly by the firm?

A) Capacity.
B) Character.
C) Capital.
D) Collateral.
E) economic conditions

Economic Conditions

The state of a country's economy, influenced by factors such as GDP, unemployment rates, and inflation.

Five Cs of Credit

A set of criteria used by lenders to gauge a borrower's creditworthiness: character, capacity, capital, collateral, and conditions.

Capacity

The highest level of production a company can maintain to produce a good or deliver a service.

  • Identify the traits of financially reliable customers by understanding the five Cs of credit.
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EA
Erick AntonioNov 08, 2024
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