A Person or Entity to Whom a Debt Is Owed

question 89

Multiple Choice

A person or entity to whom a debt is owed is known as an) :

• A)debtor.
• B)affiliate.
• C)creditor.
• D)limited partner.
• E)shareholder.

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Definitions:

Gold Rush

A rapid movement of people to an area where gold has been discovered, with significant historical occurrences in the United States, Australia, and South Africa.

Prospectors

Individuals who search for mineral deposits, particularly gold and silver, often during historical gold rushes.

California

A state located on the west coast of the United States, known for its diverse geography, significant economic contributions, and cultural influence.