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    Exam 6: Managing Your Liquidity - Assessing, Managing, and Securing Your Credit
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    A Person Can Be Declared Insolvent If
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A Person Can Be Declared Insolvent If

Question 66

Question 66

Multiple Choice

A person can be declared insolvent if


A) he or she has no assets.
B) his or her spouse is insolvent as well.
C) he or she owes $1000 and is unable to pay.
D) monthly payments exceed $1000.

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