Business Studies, asked by kamal2001p, 6 months ago

When a person or company is considered "insolvent"; what is meant by this term?
1An unlawful act committed by an employee or the company.
2Available to respond or settle any legal action taken against a company or an
individual.
3Able to sign for contracts or payments.
4Unable to pay the debts owed.

Answers

Answered by sharifafsheen06

1

Answer:

4)Unable to pay debts owed

Explanation:

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