total liabilities are greater than their total assets

Business & Finance
Tutor: None Selected Time limit: 1 Day

If an individual’s total liabilities are greater than their total assets, the individual is technically:

A) Risk averse B) Insolvent C) Diversified D) Fully vested

Jul 7th, 2015

Thank you for the opportunity to help you with your question!

B insolvent this simply means that the individual is incapable of paying his obligations since total liabilities are more.

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Jul 7th, 2015

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Jul 7th, 2015
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Jul 7th, 2015
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