5.In which situation is a personal guarantee typically classified as a secondary source of repayment?

Select one:

a.the guarantor appears to have more financial strength than the collateral of the borrower

b.the collateral of the borrower appears to have more value than the financial strength of the guarantor

c.the primary source of repayment is excess operating cash flow from multiple operating cycles of the business

d.the guarantor appears to have more financial strength than the operating cash flow of the borrower