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

Quizplus · Accepted Answer

When your assets exceed your liabilities, you are considered solvent. This means that you have a positive net worth and are financially stable.

When Your Assets Exceed Your Liabilities, You