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    Business Law Study Set 8
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    Exam 17: Managing a Business 4: Making Payments and Recovering Debts
  5. Question
    A 'Debtor' Is
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A 'Debtor' Is

Question 6

Question 6

Multiple Choice

A 'debtor' is:


A) A person who is bankrupt or insolvent.
B) A person whose liabilities exceed their assets.
C) A person who owes money to another.
D) A person to whom money is owed under a mortgage agreement.

Correct Answer:

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