menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Finance Study Set 15
  4. Exam
    Exam 6: Introduction to Consumer Credit
  5. Question
    The Borrower's Financial Ability to Meet Credit Obligations Is Called
Solved

The Borrower's Financial Ability to Meet Credit Obligations Is Called

Question 123

Question 123

Multiple Choice

The borrower's financial ability to meet credit obligations is called:


A) capacity.
B) character.
C) capital.
D) collateral.
E) conditions.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q118: In the 5 Cs of credit,capital refers

Q119: If you have declared personal bankruptcy,then this

Q120: Credit is an arrangement to receive cash,goods,or

Q121: Installment sales credit is a loan that

Q122: The larger the debt-to-equity ratio,the riskier the

Q124: A loan officer is examining your income

Q125: Which one of the following is not

Q126: What is revolving check credit?

Q127: Co-branded credit cards:<br>A)are often linked with a

Q128: Which federal consumer credit law regulates the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines