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What is the one-word substitute for 'a person who is unable to pay his debts'?

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Question: What is the one-word substitute for \'a person who is unable to pay his debts\'?

Options:

  1. Debtor
  2. Bankrupt
  3. Creditor
  4. Investor

Correct Answer: Bankrupt

Solution:

A \'bankrupt\' is a person who is legally declared unable to pay their debts.

What is the one-word substitute for 'a person who is unable to pay his debts'?

Practice Questions

Q1
What is the one-word substitute for 'a person who is unable to pay his debts'?
  1. Debtor
  2. Bankrupt
  3. Creditor
  4. Investor

Questions & Step-by-Step Solutions

What is the one-word substitute for 'a person who is unable to pay his debts'?
No concepts available.
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