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

Verified 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


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