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Question

The Latin word 'Credere' means ______.

A
to earn
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B
to expend
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C
to believe
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D
to give
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Solution

The correct option is B to believe
Balance sheet of any organization shows the assets and liabilities. One part says "to own" and other one is "to owe". The word credre means "to believe". Once some one gives anything to the organization without taking the upfront money, that means he is believing on the organization.

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