If your liabilities are greater than the value of your assets you are consideredQuestion 6Select one:A.unstableB.bankruptC.insolventD.unbalanced
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Solution 1
If your liabilities are greater than the value of your assets, you are considered C. insolvent.
Insolvency is a financial state of being – one that is brought on by overdue debt – where a person or business is unable to meet financial obligations to creditors as debts come due. Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI is a pow
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