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:
In a group of city-states, each city-state is independent and rules by its own king. No central power controlled all of the city-states. In an empire, consisting of a nation and the city-states and nations it has conquered, one ruler is in control.
Explanation:
Answer:
Spontaneous recovery
Explanation:
Spontaneous recovery is a term that is used in operant conditioning. It is associated with the process of conditioning and learning. It is defined as the reappearance of the response after extinguished. The recovery of the response occurs without exposure to the stimulus. It is an instant recovery of the response. The response could occur from nowhere.
So that in the above statement, Greg an individual who smoked usually with friends but left smoking. But whenever he went with his friends in a bar, he urges strongly to light up a cigarette that is the example of spontaneous recovery.
