Question 45
Business FinanceA person or a firm to whom a sum of money is owed is
- A.banker.
- B.guarantor.
- C.debtor.
- D.creditor.
Show the answer and explanation
Answer: D (creditor.)
Explanation
A creditor is one who is owed money.
A person or a firm to whom a sum of money is owed is
Answer: D (creditor.)
A creditor is one who is owed money.