cece489 cece489

10-05-2024
Business

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 GinnyAnswer

10-05-2024

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

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