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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