The parties that have claims against the assets of the business are called creditors and owners.

Question

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Creditors and owners are the two main parties that have claims against the assets of a business. Creditors are individuals or organizations that have loaned money to the business or provided goods or services on credit, and are owed payment. Owners are the individuals or organizations that have invested money in the business and have a share of ownership in the company.

The Parties That Have Claims Against the Assets of the Business