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Nina Wants to Borrow Money from Tina, but Tina Refuses

Question 31

Multiple Choice

Nina wants to borrow money from Tina, but Tina refuses to lend the money unless another person promises to pay the money in case Nina cannot clear the debt. James agrees to pay the debt if Nina does not. James is the ________ in this transaction.


A) creditor
B) debtor
C) guarantor
D) facilitator

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