A credit limit is: A. A company's total debt B. The maximum that a creditor will allow a customer to owe at any point in time C. The property that a company pledges to guarantee repayment D. The maximum that a company can borrow

B. The maximum that a creditor will allow a customer to owe at any point in time

Explanation:

Credit limit also referred to as a credit line is the maximum amount of money a lender can extend to a client. Lenders often times set the credit limit based on the individual's credit history. This is to determine if the client is credit worry.

There are two categories of borrowers, which are; high-risk borrowers and low-risk borrowers.

The correct option is B

Explanation:

The term credit limit refers to the maximum amount of credit a financial institution extends to a client. A lending institution extends a credit limit on a credit card or a line of credit.

A credit limit is one of the factors that affect consumers' credit scores and can impact their ability to get credit in the future.

A lender usually gives high-risk borrowers lower credit limits because they may not be able to repay the debt. Low-risk debtors usually get higher credit limits, giving them greater flexibility when they spend.

answer; organization;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.