Correct Option: B. bankrupt Explanation of the Correct Answer The term "insolvent" refers to a financial state where an individual or organization is unable to pay their debts as they come due. In simpler terms, if someone is insolvent, they do not have enough money or assets to cover what they owe. Why "bankrupt" is the correct choice: - "Bankrupt" is a legal status that occurs when a person or business is declared unable to pay their debts. It is often the result of insolvency and is a formal declaration that aligns closely with the meaning of "insolvent." - In the context of the sentence, saying "we are now bankrupt" conveys the same idea as "we are now insolvent," indicating a serious financial situation where obligations cannot be met. Explanation of the Other Options A. overworked - "Overworked" means having too much work to do, leading to exhaustion or stress. This term does not relate to financial status at all. Therefore, it is not a suitable synonym for "insolvent." C. unsettled - "Unsettled" can refer to a state of being disturbed or not resolved, but it does not specifically imply financial inability. While it could suggest that something is not finalized, it does not capture the essence of being unable to pay debts, making it an inappropriate choice. D. insoluble - "Insoluble" refers to something that cannot be solved or resolved, often used in scientific contexts (like a substance that cannot dissolve in a liquid). This term does not relate to financial matters and does not convey the meaning of being unable to pay debts, making it irrelevant in this context. Summary of Key Points

• Insolvent means unable to pay debts; it is a financial term.
• Bankrupt is the correct synonym, as it directly relates to the inability to meet financial obligations.
• The other options (overworked, unsettled, insoluble) do not convey the financial meaning of "insolvent" and are therefore incorrect.
• Understanding the nuances of financial terminology is crucial for accurately interpreting and conveying meaning in sentences.

This thorough understanding will help you in recognizing similar terms and their implications in various contexts, especially in professional exams.