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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.
The most effective measure to keep (1)/ our roads safe is enforcement of rules (2)/ with zero tolerance to any violate rule. (3)/ No error. (4)
Identify the segment that contains a grammatical error. If there is no error, select 'No error'.
The boss examined my report with a fine tooth comb before submitting it to the senior management.
Identify the segment in the sentence, which contains the grammatical error.
Each student will have to carry his own lunch on the picnic.
Identify the segment in the sentence, which contains the grammatical error.
Sunita is senior to me in this office and know all the rules.
Either my brother or his friends is lying.
He does nothing (a)/ but to find (b)/ faults in others and (c)/ laugh at them.(d)/ No error
