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Questions and Answers
What does the term 'credit' signify?
What does the term 'credit' signify?
- Reposing trust or confidence in somebody (correct)
- Exchanging trust or confidence with somebody
- Denying trust or confidence to somebody
- Requesting trust or confidence from somebody
Which is considered the most acceptable security or collateral for credit?
Which is considered the most acceptable security or collateral for credit?
- Stocks and bonds
- Land with a title (correct)
- Houses and machines
- Crops and valuable properties
What does public credit include?
What does public credit include?
- Grants of credit without security
- Grants of credit to private institutions
- Grants of credit to governments (correct)
- Grants of credit to individuals
What is the nature/characteristic of credit that refers to the size of credit granted?
What is the nature/characteristic of credit that refers to the size of credit granted?
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What are loans granted without security referred to as?
What are loans granted without security referred to as?
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