Multiple Choice
William buys a $500,000 house 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 debtor in this case?
A) William
B) Keith Geller
C) Smith and Sons
D) the realtor
Correct Answer:
Verified
Correct Answer:
Verified
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