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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.
A is father of F and J. E is mother of C, K is son of F. K is the only brother of C. E is daughter-in-law of B. B has only one daughter and one son. Whi...
The amount of chocolate sold in India ballooned by 13% in 2016, according to new data from research firm Mintel.The trend makes India a major outlier: t...
Select the option that represents the letters that when placed from left to right in the blanks below will complete the letter series.
M _ Q _ R ...
Statements:
Some Craft are Drawing
All Drawing are Sketching
No Sketching is Painting
Conclusions:
I. Some Painting a...
Each vowel in the word 'PLATFORM' is changed to the following letter is the English alphabetical order and each consonant is changed to the preceding le...
Five friends Pia, Qia, Ria, Sia, and Tia are sitting together. Tia is at one extreme end. Pia is neighbor of Tia and is third to the left of Qia. Who is...
Which of the following sequences represents the correct English dictionary order of the following words?
1. Approach
2. Approval
Four letter- clusters have been given, out of which three are alike in some manner, while one is different. Choose the odd one.
In a certain code language, ‘ POLISH ’ is written as ‘ 89 ’ and ‘ CLIP ’ is written as ‘ 50 ’. How will ‘ CONTROL ’ be written in th...
Four number-pairs are given, which of them three are alike in certain manner and one is different. Choose the different number-pair.