Brenda says her assets are definitely greater than her liabilities .Brenda is mistaken since it is possible that the entire worth of all of her assets is lower than the value of all of her obligations. This is further explained below.
What is assets?
Generally, assets are economic resources owned or controlled by individuals, corporations, or countries with the idea that they will provide a future financial advantage.
In conclusion, Brenda asserts that her assets are far more than her obligations at this time. Brenda is erroneous because it is conceivable that the whole value of all of Brenda's commitments is more than the total value of all of Brenda's assets combined.
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