Which one of the following 5Cs refers to the general economic climate in a customer's line of business?

Question

Quizplus · Accepted Answer

Conditions refer to the general economic climate in a customer's line of business, including factors such as interest rates, inflation rates, and overall stability. The other 5Cs refer to different aspects of a customer's creditworthiness, such as their ability to repay (capacity), their assets available as security (collateral), their reputation and credit history (character), and the amount of funding they need (capital).

Which One of the Following 5Cs Refers to the General