Question
If news gets out that the company has become _________,
they will stop getting further funds. Choose a suitable word from the options to fill in the blanks.Solution
The word ‘insolvent’ means ‘not having enough money to pay debts, buy goods, etc.’. It is correct here. Aftermath- the period that follows an unpleasant event or accident, and the effects that it causes. Get rid of- take action so as to be free of (a troublesome or unwanted person or thing). Ambit- the range or limits of the influence of something. If news gets out that the company has become insolvent , they will stop getting further funds.
A prospectus used to raise capital from the public but which does not specify the price or quantity of the public issue is known as _________
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