Insolvency is the financial state of a being where the Individual or Company or family has lost the capability to pay off their debts to the creditors. Bankruptcy is termed as a legal declaration of insolvency. Bankruptcy is a legal process that happens when the individual declares he or she can no longer pay back his or her debts to creditors. Insolvency is just the state where the financial inability is reached whereas bankruptcy is the realization and announcement of that the state of being insolvent. Liquidation in finance and economics is the process of bringing a business to an end and distributing its assets to claimants. It is an event that usually occurs when a company is insolvent, meaning it cannot pay its obligations when they are due.
In the questions, a part of the sentence is highlighted. Below are given alternatives to the highlighted part which may improve the sentence. Choose th...
The children enrolled in low fee charging private schools are seen to perform better in mathematics, despite of better –qualified and more experie...
When the dog inside the house barking for a street dog and the latter retorts, the master does not get involved.
...If the corporation’s previous products are anything to go by, the aim is likely to get to the next level of commodification of human interaction, (A...
The pilgrimage trail was well-trodden, but I didn’t fancing does it alone.
My younger brother and sister help me over my work
I was thinking about this the last time we gone on a big trip.
I was half inclined to turn and go back.
She mentioned that she will call me later.
Select the most appropriate option to substitute the bold segment in the given sentence. If there is no need to substitute it, select ‘No substitution...
