5 Questions
What does the term 'credit' signify?
Reposing trust or confidence in somebody
Which is considered the most acceptable security or collateral for credit?
Land with a title
What does public credit include?
Grants of credit to governments
What is the nature/characteristic of credit that refers to the size of credit granted?
Size of credit
What are loans granted without security referred to as?
Unsecured
Test your knowledge of credit and its nature with this quiz. Explore the characteristics of credit, including confidence, capacity, security, goodwill, size, and period of credit. Delve into the concept of public credit and its relevance.
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