Post Utme Skyline University 2019 Commerce Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2019 Commerce Objective / Multiple Choice
Question 24 POST_UTME_SKYLINE_UNIVERSITY • 2019 • COMMERCE • objective

A bank is considering a loan to a small business. The business has a credit score of 600 and a debt-to-income ratio of 30%. What is the likelihood of the loan being approved?

Answer Options

A. Highly likely
Correct Answer B. Moderately likely
C. Unlikely
D. Very unlikely
Correct Answer
B
Correct Option:
Moderately likely

About This Question

This is Post Utme Skyline University 2019 Commerce Question 24. It is one of the objective questions from the 2019 Post Utme Skyline University Commerce examination.

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