A bank with assets worth less than liabilities is said to be _____, while a bank without adequate funds immediately available to make promised payments is said to be _____.
A) inflated; inverted
B) inverted; inflated
C) insolvent; illiquid
D) illiquid; insolvent

Question

Quizplus · Accepted Answer

A bank with assets worth less than liabilities is insolvent, while a bank without adequate funds immediately available to make promised payments is illiquid.

A Bank with Assets Worth Less Than Liabilities Is Said