asked 131k views
5 votes
Which statement defines the term capacity?

asked
User Oddman
by
8.6k points

2 Answers

1 vote
a borrower's ability to repay a loan

answered
User Ordnungswidrig
by
7.7k points
5 votes

The correct answer is:

Credit grantors' measurement of a person's ability to repay loans.

Step-by-step explanation:

When lending money, financial institutions look at a variety of factors. One of the most important is the ability of the person taking out the loan to repay it. Financial institutions refer to this as "capacity."

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.