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William Buys a House for $500,000 from Keith Geller Through

Question 71

Multiple Choice

William buys a house for $500,000 from Keith Geller through a realtor.He makes a down payment of $200,000.He borrows the rest from Smith and Sons,a lending firm,and places his new house as collateral for the loan.Who is the creditor in this case?


A) William
B) Keith Geller
C) Smith and Sons
D) the realtor

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