English, asked by mondalnabanita996, 1 month ago

illustration of creditor

Answers

Answered by s1731karishma20211

Answer:

Another example of a debtor/creditor relationship is if you take out a loan to buy your house. Then you as the homeowner are a debtor, while the bank who holds your mortgage is the creditor. In general, if a person or entity have loaned money then they are a creditor.

Previous Question

Next Question

Similar questions

English, 22 days ago

You __________ help the teacher to maintain a neat and organized classroom. * 1 point (a) May (b) might (c) must...

India Languages, 22 days ago

ଭକ୍ତି ପାଇଁ ପ୍ରଭୁ ଦୟାସାଗର ତୋଷ ହେଲେ ମିଳେ ସୁଖ ଅପାର ବିଭୁପାଦ ଯଦି କର ଚିନ୍ତନ ସୁଖେ ଚାଲିଯିବ ତୁମ ପରାଣ । meaning ...

English, 22 days ago

You must consume protein diet to gain weight.बाय यूजिंग अल्टरनेटर कंजर्वेशन ...

Computer Science, 1 month ago

charts are mainly inserted to make tour data attractive Do you agree with this...

Geography, 1 month ago