Question

What is bankruptcy?

A. making more money than you spend
B. spending more money than you make
C. not being able to repay your loans
D. owing money and paying it back

Answer 1

[AI-generated answer — Bot]

C. not being able to repay your loans. Bankruptcy is a legal process where an individual or a company declares that they are unable to repay their debts and seek relief from their creditors.