In the Following Statement, Sw Is the Name of a Variable

question 16

True/False

In the following statement, sw is the name of a variable.
Dim sw As IO.StreamWriter =
$\quad$$\quad$$\quad$$\quad$$\quad$ IO.File.CreateText ("C:\TEXT FILES\INCOME Data.txt")

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Definitions:

Statutory Lien

A legal claim on property, either personal or real, granted by law to creditors as security for a debt or obligation.

Debtor

An individual or entity that owes money or is in debt to another party.

Composition Agreement

An arrangement between a debtor and their creditors in which the creditors agree to accept a partial payment in satisfaction of the debts owed.

Creditors

Creditors are individuals or entities that are owed money by another entity or individual, known as a debtor.