A person or firm to whom money is owed is?

By: |Published on: Mar 15|Categories: Commerce WAEC| 0 comments

A. banker
B. guarantor
C. debtor
D. creditor

Correct Answer: Option D

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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