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  • Business and General English Vocabulary
  • The situation when a company does not have enough money t...
Multiple choice

The situation when a company does not have enough money to pay its debts

  1. Insolvency

  2. Solvent

  3. Debts

  4. Poor

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Insolvency is the financial state where an entity cannot meet its debt obligations. Solvent is the opposite, and debts are the liabilities themselves.

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