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Which of the following Four Cs refers to your present and future ability to meet your payment obligations? a. Capacity b. Captial c. Character d. Collateral

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kailey2575
Which of the following Four Cs refer to your present and future ability to meet your payment obligations? A. Capacity
SilvanaMartins

Answer: d. Collateral

Explanation:

Collateral:

1.

act or word that ensures the fulfillment of obligation, commitment, promise etc.

2.

bail, pledge, bond.

I hope this help.

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