Question

A business is said to be ---------When he is unable to pay his liability in full class 11th Accountancy ​

Answer 1

insolvent, Defaulter

generally two types of words we can use

insolvent use when a businessman or a business firm unable to pay his liabilities expenditures payments rents etc.

and defaulter word use when a bank customer unable to pay loan or issued amount in given time so we can call him defaulter of bank