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      Question

      A bank is assessing a loan proposal using the 5 Cs of

      Credit. Which of the following is not one of the 5 Cs?
      A Character Correct Answer Incorrect Answer
      B Capacity Correct Answer Incorrect Answer
      C Capital Correct Answer Incorrect Answer
      D Collateral Correct Answer Incorrect Answer
      E Competition Correct Answer Incorrect Answer

      Solution

      The 5 Cs are Character, Capacity, Capital, Collateral, and Conditions. Competition is not part of this framework.

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