Examlex
Indicate whether the following is true or false.
Creditor
An individual, company, or institution to whom money is owed by another party, the debtor.
Debtor
A person or entity that owes money to another party.
Electronic Transfer
Electronic transfer involves the movement of funds between accounts using electronic systems, without the need for physical exchange of money.
Duty To Honor
The obligation to accept and fulfill legal or financial commitments or contracts.
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