From the point of view of an entity,a person or business entity to whom a debt is owed is known as a:

Name: From the point of view of an entity,a person or business entity to whom a debt is owed is known as a:
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Question

Quizplus · Accepted Answer

A creditor is a person or business entity to whom a debt is owed. The debtor is the one who owes the debt, and a debitor is not a valid term. While a bank can be a creditor, it is not the only type of creditor, so D is not the best choice.

From the Point of View of an Entity,a Person or Business