Question

What do we call a person who is unable to pay his/her debt?

• A. Bankrupt
• B. Borrower
• C. Loanee
• D. Obliged

Answer 1

The correct option is A Bankrupt

Option B - 'Borrower' is a person who borrows money. Thus option B is incorrect.

Option C - 'Loanee' is someone who has borrowed something. Thus option C is incorrect.

Option D - 'Obliged' means to be forced to do something or feel that you must do something. Thus option D is incorrect.

Option A - 'Bankrupt' means unable to pay what you owe. When a person cannot repay a loan or the money that he has borrowed, he is said to be a 'bankrupt'. Thus option A is the correct answer.

'A person who is unable to pay his/her debt is called a 'bankrupt.'