The credit applicant's____________ is the financial strength of the applicant as reflected by itsownership position.
A) collateral
B) capacity
C) character
D) capital

Question

Quizplus · Accepted Answer

Capital refers to the financial strength and resources of the credit applicant, specifically their ownership position. This includes things like assets, investments, and equity in their business or personal finances.

The Credit Applicant's____________ Is the Financial Strength of the Applicant