Explain the five Cs of Credit and discuss some pros and cons of each. Which do you believe is the most important and why? Explain the types of bankruptcy options business owners have. Conduct research to see which of the three kinds of bankruptcies are most common among small businesses?

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Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
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Chapter6: Using Credit
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Explain the five Cs of Credit and discuss some pros and cons of each. Which do you believe is the most important and why? Explain the types of bankruptcy options business owners have. Conduct research to see which of the three kinds of bankruptcies are most common among small businesses?

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