What is insolvency? Explain with an example.
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situation where we are not getting solution for a problem
ex ). if you fail in love then you have a sadness you don't now how to come out of it
it is in solvency
ex ). if you fail in love then you have a sadness you don't now how to come out of it
it is in solvency
akashdeykolpaiuc5:
Its wrong bro
whats it
you know answer and also asking questions
but why
I just checked google. I wanted people to explain in their own words.
So i can understand.
your tooo pratical
Oh thank yoy
*you
thank you
Answered by
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solvency is the state unable to pay the money owned by a person or company on time those in a states of insolvency are said to be solvent .for example person made own a large house and a valuable car but not have enough liquid asset to pay a debt when it fall due .
Thanks dear
wlcome
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