Debtor is a person :- *
From whom goods are purchased/
To whom goods are sold on credit / From whom money is recieved /
All of the above
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Communalism is a political philosophy and economic system that integrates communal ownership and confederations of highly localized independent communities.
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- A debtor is a person, company, or other entity that owes money. In other words, the debtor has a debt or legal obligation to pay the amount owed for the goods sold to him on credit.
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