A Bank Is Insolvent When

question 97

Multiple Choice

A bank is insolvent when

• A)its liabilities exceed its assets.
• B)its assets exceed its liabilities.
• C)its capital exceeds its liabilities.
• D)its assets increase in value.

---

Definitions:

Paraphrase

To restate text or speech using different words, especially to achieve greater clarity.

Direct Quotation

A report of the exact words of an author or speaker, typically enclosed in quotation marks.

Plagiarism

The act of copying someone else's work or ideas and presenting them as one's own without crediting the original source.

Summary

A brief statement or account that covers the main points of a more extensive document or presentation.