Who are the creditors of a Corporation? (1) Bond holders (2) Stock holders (3) Both Bond and Stock holders (4) Holders of preferred stock

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Answer :

(3) Both Bond and Stock holders Explanation: A creditor is a party (e.g. person, organization, company, or government) that has a claim to the services of a second party. It is a person or institution to whom money is owed. The second party is frequently called a debtor or borrower. An incorporated entity is a separate legal entity that has been incorporated through a legislative or registration process established through legislation. Both bond holders and stock holders are creditors of a corporation.

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