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  3. Study Set
    Business Law Study Set 11
  4. Exam
    Exam 17: Managing a Business: Making Payments and Recovering Debts
  5. Question
    A 'Debtor' Is
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A 'Debtor' Is

Question 10

Question 10

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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