Which of the following is not an example of a debt created by contract?
A. Julie obtains a credit card and uses it to purchase items each month.
B. Julie borrows money from the bank to go to school.
C. Julie is assessed back taxes on her federal income tax return for last year.
D. Julie loans her car to her friend Barb for a week at $20 a day.
d. Julie loans her car to her friend Barb for a week at $20 a day.
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a. True b. False Indicate whether the statement is true or false
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Fill in the blank(s) with the appropriate word(s).