MCQOPTIONS
Saved Bookmarks
| 1. |
Banks should always check financial status before lending money to a client._x005F_x000D_ Assumptions : _x005F_x000D_ I. Checking before lending would give a true picture of the client's financial status._x005F_x000D_ II. Clients some times may not present the correct picture of their ability to repay loan amount to the bank. |
| A. | If only assumption I is Implicit |
| B. | If only assumption II is Implicit |
| C. | If either I or II is Implicit |
| D. | If both I and II are Implicit |
| Answer» B. If only assumption II is Implicit | |