Creditors of the company are creditors of the ........?
(A) Company members
(B) Individuals
(C) Company
(D) None of these
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the answer is individual
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Option “B” is correct i.e. individual.
• Creditors of the company are creditors of individual customers.
• A creditor is an individual, corporate or any other entity that is allocated money as they have to provide a service or good, or loaned money to another entity.
• A creditor is an individual or corporate that has lent funds to a business and is allocated money.
Hope it helped...
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