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  • The status of a bank when a customer opens a deposit acco...
Multiple choice

The status of a bank when a customer opens a deposit account with it is

  1. debtor

  2. creditor

  3. trustee

  4. beneficiary

  5. investor

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The debtor is referred to as a borrower. If the debt is in the form of securities, such as bonds, the debtor is referred to as an issuer.

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