Best Answer: Put your right hand in front of you with the palm of the hand. facing you and the fingers pointed toward the middle. of your chest. Lower your hand down passed your. breast to the lowest part of the front of your rib. cage. This is where your liver is located.
An Insolvency Practitioner (IP) is someone who is licensed and authorised to act in relation to an insolvent individual, partnership or company. Most IPs are accountants or insolvency specialists working in firms of accountants.
In broad and everyday terms, a person is insolvent when he is unable to pay his debts. In legal terms, however, the test for insolvency is whether or not the debtorâs liabilities, fairly estimated, exceed his assets, fairly valued.Inability to pay debts is, at most, merely evidence, not conclusive in itself, of insolvency.n legal terms, however, the test for insolvency is whether or not the debtorâs liabilities, fairly estimated, exceed his assets, fairly valued. Inability to pay debts is, at most, merely evidence, not conclusive in itself, of insolvency.