The type of analysis a creditor requires depends on the nature of the credit being provided.The nature of the credit means:
A)the amount of the credit.
B)the value and type of security.
C)whether the credit is for the short or long term.
D)the ability of the borrower to pay interest.

Question

Quizplus · Accepted Answer

The nature of the credit refers to whether it is for the short or long term, as this affects the analysis a creditor will perform to assess risk and repayment capability.

The Type of Analysis a Creditor Requires Depends on the Nature