Which one of the following most accurately describes the information available from credit rating agencies?
A) A rating of the trustworthiness of a company's directors
B) An assessment of the likelihood of consumers defaulting on credit card debt
C) An assessment of the likelihood of a bond or loan interest and/or capital not being paid and the extent to which the lender is protected in the event of a default
D) A ranking of banks in terms of the quantity of loans made in a particular period
Correct Answer:
Verified
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