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liq [111]
3 years ago
7

The ability to borrow money is called

Business
2 answers:
Olin [163]3 years ago
3 0

Answer: the ability to borrow money is called credit

Explanation:

This ability to borrow money is called having credit. ... The money you owe is called debt. The money you borrow is yours to spend, but remember: when you borrow money, you're taking on a real responsibility to pay the money back! You need to make monthly loan payments and usually have other costs called interest and fees.

sergiy2304 [10]3 years ago
3 0

Answer:

A. Credit

.....

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Madison Company's perpetual inventory records indicate that $875,300 of merchandise should be on hand on October 31. The physica
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Madison Company's Journal entry

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2 years ago
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