When your assets exceed your liabilities, you:
A)are losing equity.
B)have negative net worth.
C)are solvent.
D)are bankrupt.
E)have more real assets than investments.

Name: When your assets exceed your liabilities, you: A)are losing equity. B)have negative net worth. C)are solvent. D)are bankrupt. E)have more real assets than investments.
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Question

Quizplus · Accepted Answer

Being solvent means your assets exceed your liabilities, indicating financial health.

When Your Assets Exceed Your Liabilities, You