From the options lettered A-D, choose the option that is nearest in meaning to the underlined word.
Now that the company is insolvent , it will shut down.
Now that the company is insolvent , it will shut down.
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Correct Answer: Option C
Explanation:
Both mean to be unable to pay what you owe because you do not have enough money.
Both mean to be unable to pay what you owe because you do not have enough money.