A Person Who Is Unable to Pay Their Debts as and When

question 12

Multiple Choice

A person who is unable to pay their debts as and when they fall due is:

• A)insolvent.
• B)liquidated.
• C)bankrupt.
• D)broke.

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Definitions:

Prejudice

Is an attitude that judges a person on his or her group’s real or imagined characteristics.

Emergencies

Situations that arise suddenly and require immediate action due to posing a threat to health, life, property, or environment.

Groupthink

Is group pressure to conform despite individual misgivings.

Pressured

Feeling the influence or persuasion to do something, often involving stress or tension from external forces or expectations.