Question
________is a legal proceeding involving a person or
business that is unable to repay outstanding debts.Solution
Insolvency is the financial state of a being where the Individual or Company or family has lost the capability to pay off their debts to the creditors. Bankruptcy is termed as a legal declaration of insolvency. Bankruptcy is a legal process that happens when the individual declares he or she can no longer pay back his or her debts to creditors. Insolvency is just the state where the financial inability is reached whereas bankruptcy is the realization and announcement of that the state of being insolvent. Liquidation in finance and economics is the process of bringing a business to an end and distributing its assets to claimants. It is an event that usually occurs when a company is insolvent, meaning it cannot pay its obligations when they are due.
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is/are definitely true and th...
Statements: R < S < T < U; T < V < W
Conclusions: I. W > RÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â II. U > V
...Statements:
Atleast trimmer are dryer.
Only a few straightener are dryer.
No machine is trimmer.
Conclusions:
I. All ...
Statements:
All songs are music.
All music is lyrics.
Only a few lyrics is composer.
Conclusions:
1) Only lyrics is s...
In the following question, two statements are given each followed by two conclusions I, II & III. You have to consider the statements to be true even i...
Given below are two statements, followed by two conclusions. Assume the given statements to be true even if they vary with commonly known facts. Based o...
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
Statements:
Q ≥ R = P; R > S ≥ Z; S ≥ B < C
Conclusions:
I. C > Z
II. B < Q
Statement:
Some mad are sad.
Only a few sad are bad.
All bad are lad.
No lad is dad.   Â
All dad are gad. Â
...
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