[Solved] Which of the following terms describes when a firm is unable to pay its liabilities as they come due because assets cannot be converted into cash within a reasonable period of time? A) bankruptcy B) insolvency bankruptcy C) liquidity crisis D) economic failure E) technical insolvency Misperceive Normality: The incorrect perception or interpretation of what is considered to be normal or typical behavior or circumstances. Trivialize Rape: The act of making rape seem less important or serious than it actually is, thereby undermining the severity and impact of the crime. Exposure to Pornography: The act of encountering sexually explicit material, which can have various psychological effects depending on context and individual. Ingroup: A social group to which a person psychologically identifies as being a member.