Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Ahmed have deposited 1000 OMR in a bank as a fixed deposit for 1 year. Bank knows that Ahmed is not going to withdraw this
Ahmed have deposited 1000 OMR in a bank as a fixed deposit for 1 year. Bank knows that Ahmed is not going to withdraw this amount before maturity. When bank has accepted this deposit into fixed deposit, the bank becomes
a.
Debtor
b.
Agent
c.
Trustee
d.
Creditor
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started