a person or firm to whom money is owed is?
COMMERCE
WAEC 2016
a person or firm to whom money is owed is?
- A. banker
- B. guarantor
- C. debtor
- D. creditor
Correct Answer: D. creditor
Explanation
A creditor is a party that has a claim on the services of a second party. It is a person or institution to whom money is owed.
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