Question 1 visor
Samantha is working through the Client Needs Assessment process.
BOOKS
Which 4 areas should she focus on to gather information for her
client?
(Select all that apply)
view
Doard
Who is the client
ng
Why did the client start their business
ses
U
What services does the client need
I!
How will the client work be completed
Which team member will do the work
ts

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

The answer is an output contract