Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

When assessing the creditworthiness of new entrepreneurs, lending institutions review the Five C's. The money the entrepreneur has invested in the business, which is an

When assessing the creditworthiness of new entrepreneurs, lending institutions review the "Five C's". The money the entrepreneur has invested in the business, which is an indication how much is at risk if the business should fail is known as:

a. capacity

b. capital

c. collateral

d. conditions

e. characters

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Financial Reporting And Analysis

Authors: David Alexander, Ann Jorissen, Martin Hoogendoorn

8th Edition

978-1473766853, 1473766850

More Books

Students also viewed these Finance questions