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.
Louisiana was originally settled by the French who were avid practitioners of the Roman Catholic faith. They brought it with them to the area.
John Muir was associated with the issue of conservation.
Answer: Option D
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John Muir is regarded as one of the greatest environmental philosophers the world has ever had. His stand for the conversation of the environment was remarkable and is still taken reference from by the new age conservationists.
The idea of having protected national parks was first put forward by John Muir. For that reason alone, he is called the father of national parks.
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