The correct answer is B. Taking out loan to go on vacation.
Liability is termed as future sacrifices of benefits which are obliged to other entities. There are characteristics which explains what is liability.
For example, A type of borrowing from banks or from persons to improve personal income and which is being paid within the given period of time.
Liability can be based on constructive obligations or equitable obligations.
We can say that we get the asset when liability is being added to owners equity.
B. It was established to help the president perform his duties.
A static variable that is defined within a function is initialized only once, the first time it is called T.
<h3>What is a static variable in a function?</h3>
Any variable that has the word "static" in its declaration is considered to be static. The static variable's space is only allotted once, and it is used throughout the entire program. Once declared, this variable remains in effect throughout program execution.
A function-specific static variable is one that is unique to that function. That is, the variable in that function is the only one you can access.
The first time a function is invoked, a static variable created within that function is initialized just once. T. A function might have some parameters with default arguments and others without. T. The parameter data type and return data type of a function must match.
To learn more about static variables refer to:
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Answer: After the war, the economy was down. People didn't have jobs or a lot of money to help their families. Louisiana was so poor that it was hard to build it back up. Also, the freedmen weren't working on plantations and no one else knew how to plant and harvest crops.
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Explanation: