Question

__________ is a state in which a company’s

Q: Answer- __________ is a state in which a company’s liabilities are more than its assets so that is unable...

Explanation Insolvency is a state in which a companys liabilities are more than its assets so it is unable to repay its debts. Bankruptcy is when a person is legally declared by a competent court as incapable of paying its debtsdues

liabilities are more than its assets so that is unable to repay its debts

A Bankruptcy

B Insolvency

C Liquidation

D Either of the above

Practice Next

More Banking Related Laws Questions

Match List I with List II

...

'Sugar baby' is a cultivar of -

Which of the following environmental conditions is LEAST conducive to plant germination and early growth?

Which State in India has the highest irrigated area?

Which of the following if known as African rice?

For mechanical harvesting of sugarcane-by-sugarcane harvester the crop should be planted

Which of the following statements about Broad Beans is incorrect?

The fall armyworm ( Spodoptera frugiperda ) is a pest that feeds in large numbers on leaves and stems caused major damage recently to the crop of

Which of the following microorganism is eliminated in canned foods?

Based on morphology, weeds are NOT classified as ________.

__________ is a state in which a company’s

Solution