Question: a-e plz (25 MARKS) QUESTION 2 a. Define the term credit risk and risk mitigation in credit management. (4 marks) (CLO1:PLOI:C1) b. Which of the

 a-e plz (25 MARKS) QUESTION 2 a. Define the term credit

a-e plz

(25 MARKS) QUESTION 2 a. Define the term credit risk and risk mitigation in credit management. (4 marks) (CLO1:PLOI:C1) b. Which of the credit decision models are subjective and objective and under what circumstances will the objective model be appropriate? (7 marks) (CLO1:PLO1:C1) main factor in evaluating applicant's credit worthiness and how it is determined. (4 marks) (CLO3:PL04:04) d. List SIX (6) sources of credit information. (6 marks) (CLO1:PLOI:C1) e. Briefly explain the role of credit bureau. (4 marks) (CLO1:PLO1:C1) DUESTION 2

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