[amp_mcq option1=”Debtor” option2=”Pauper” option3=”Beggar” option4=”Insolvent” correct=”option4″]
The correct answer is: D. Insolvent
An insolvent person is a person who is unable to pay their debts. This can happen for a number of reasons, such as losing their job, having a medical emergency, or making poor financial decisions. When a person is insolvent, they may have to file for bankruptcy.
A debtor is a person who owes money to another person or entity. This can include credit card debt, student loans, and medical bills. Debtors are not necessarily insolvent, but they may be if they are unable to make their monthly payments.
A pauper is a person who is very poor and has no money or possessions. Paupers often rely on government assistance or charity to survive.
A beggar is a person who asks for money or food from others. Beggars may be homeless or they may have other reasons for being unable to support themselves.
It is important to note that these terms are not always used interchangeably. For example, a person who is insolvent may not be a pauper or a beggar.