Question

The lending of credibility to assertions made by a third party

a. Credibility lending
b. Credibility enhancement
c. Credibility assessment
d. Credibility transfer

Answer 1

Credibility transfer is the lending of credibility to assertions made by a third party, which can be done through providing a cosigner or collateral when borrowing loans.

Step-by-step explanation:

Credibility transfer is the lending of credibility to assertions made by a third party. In the context of borrowing loans, a borrower can reassure a bank about their ability to repay by transferring credibility from a third party.

This could be done through providing a cosigner who legally pledges to repay the loan if the borrower defaults, or by offering collateral that the bank can seize and sell if the loan is not repaid.