Post Utme Uniosun 2020 Commerce Question 29

Practice objective / multiple choice question 29 from the 2020 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2020 Commerce Objective / Multiple Choice

Question 29 POST_UTME_UNIOSUN • 2020 • COMMERCE • objective

A bank is considering a loan application from a small business. The business has a credit score of 600 and a debt-to-equity ratio of 2:1. What is the likelihood of the bank approving the loan?

Answer Options

A. Highly likely, as the business has a good credit score

Correct Answer B. Moderately likely, as the business has a moderate credit score

C. Unlikely, as the business has a poor credit score

D. Very unlikely, as the business has a very poor credit score

Correct Answer

Correct Option:

Moderately likely, as the business has a moderate credit score

About This Question

This is Post Utme Uniosun 2020 Commerce Question 29. It is one of the objective questions from the 2020 Post Utme Uniosun Commerce examination.

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