3 years ago

What is liability?

History

2 answers:

Ganezh [65]3 years ago

7 0

The answer which you are searching for is number 2) the legal obligation to pay debts.

Andrej [43]3 years ago

3 0

Answer:

B)the legal obligation to pay debts.

Explanation:

Liability is the legal obligation to pay debts. In the United States, when you owe somebody, you have the obligation to pay. That is a liability. A liability is a legal financial debt that resulted in business operations.

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