When Your Assets Exceed Your Liabilities, You

question 31

Multiple Choice

When your assets exceed your liabilities, you:

• A)are losing equity.
• B)have negative net worth.
• C)are solvent.
• D)are bankrupt.
• E)have more real assets than investments.

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Definitions:

Determined to Achieve

Having a strong resolve or commitment to reach a goal or fulfill an objective.

High Risk

A situation or condition that has a significantly increased likelihood of a negative outcome or danger.

Suppress His Feelings

Refers to the act of intentionally hiding or controlling one's emotional responses or feelings.

Physical Effort

The exertion of physical energy by an individual, often leading to fatigue.