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stepan [7]
2 years ago
6

What is liability?

History
2 answers:
Ganezh [65]2 years ago
7 0

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

Andrej [43]2 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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