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.
You have not showed any timeline to get the information from?
Answer:
A huge dust storm that caused dry soil to blow, creating a 'black blizzard'
B
to convince is to persuad someone to think in your point of view
