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.
Answer:
Explanation:
Like charges repel each other; unlike charges attract. Thus, two negative charges repel one another, while a positive charge attracts a negative charge.
There is 5 regions in america... northeast, southwest, west, southeast, and midwest
Jamestown was situated on a site that was too secluded for agriculture, in fact, the entire island was isolated because it was swamp-like and infested with mosquitoes and the only water came from tidal rivers. This water was unsafe to drink, which could cause health problems such as cholera, typhoid or dysentery. I give credit to @Barnuts
But i agree with this but hope this helps.
The floor leaders and whips of each party are elected by a majority vote of all senators from their party gathered in a conference, also known as a caucus. Traditionally, the leader is elected for a two-year term at the start of each Congress.
<h3>What is caucus?</h3>
A gathering of supporters or members of a certain political party or movement is known as a caucus. The precise term varies depending on the nation and political system.
The phrase first appeared in the United States, where it can refer to a gathering of political party members to nominate candidates, make plans for future legislation, and other activities in the United States Congress or other comparable representative bodies of government. It has spread to some Commonwealth nations, such as Australia, Canada, New Zealand, and South Africa, where it typically refers to a regular gathering of all members of Parliament (MPs) who are affiliated with a parliamentary party. In such a setting, a party caucus can be quite powerful because it has the authority to choose or remove the party's parliamentary leader.
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