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Questions and Answers
What is the role of the person or institution that lends money?
What is the role of the person or institution that lends money?
- Debtor
- Borrower
- Lender (correct)
- Maker
What does the borrower get benefits for?
What does the borrower get benefits for?
- Saving money
- Investing in profitable business (correct)
- Borrowing money
- Lending money
What is the person who borrows money for any purpose called?
What is the person who borrows money for any purpose called?
- Debtor (correct)
- Maker
- Investor
- Lender
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