The reasons to acquire debt is: D. Both keeping emergency cash available and establishing credit history
What is debt?
Debt means to borrow money from a lender in which the borrower is expected to pay at a due date.
The reason why a person or an individual should borrow money is to have available cash in case of emergency or unforeseen circumstance so as to have something to fall back to and to as well establish credit history in a case were you intend to borrow another money in the future.
Therefore The reasons to acquire debt is: D. Both keeping emergency cash available and establishing credit history
Learn more about debt here:https://brainly.com/question/25035804
#SPJ1
