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WAEC Commerce 2016 Objective — Question 45

Question 45 of 50 from the West African Examinations Council (WAEC) Commerce 2016 Objective paper, with the correct answer and a full explanation.

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45. A person or a firm to whom a sum of money is owed is A. a banker B. guarantor C. debtor D. creditor

  • A. a banker
  • B. guarantor
  • C. debtor
  • D. creditorCorrect

Explanation

A creditor is a person or firm to whom another person or firm is indebted to.

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