Answered

An estimate of a person's ability to pay off debts based on his or her history
of borrowing and making payments on time is called what?
A. Collateral
B. Character
C. Charisma
D. Capacity



Answer :

GinnyAnswer

Final answer:

Capacity is the measure of a person's ability to repay debts based on borrowing and payment history.


Explanation:

Capacity is the estimate of a person's ability to pay off debts based on their borrowing and payment history. This includes evaluating their income sources, credit history, and potential for repayment.


Learn more about Capacity here:

https://brainly.com/question/34802409


Other Questions