Introductory Business Law CLEP Prep Practice Exam 2026 - Free Practice Questions and Study Guide

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, exam simulations, and disable ads.

Full question bankExam simulationsFlashcards
From $9.99Unlock all
Session length

1 / 400

What is a claimant?

A person who has been found guilty of a crime

A person seeking compensation for the wrongful act of another

A claimant is a person who is seeking compensation for the wrongful act of another party. Option A is incorrect because a person who has been found guilty of a crime is typically referred to as a criminal, not a claimant. Option C is incorrect because a person who has been sued is referred to as a defendant, not a claimant. Option D is incorrect because a person responsible for repaying a debt is known as a debtor, not a claimant. Therefore, the correct answer is option B.

Get further explanation with Examzify DeepDiveBeta

A person who has been sued by another party

A person responsible for repaying a debt

Next Question
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy