A. The Aztecs were invaders and invaded the city called Tula. Tula was established where the abandoned Mayan cities were.
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.
The teacher gives a link so you can watch the video again. I know of Jared Diamond from his books. I have not seen this video before & would need to watch it too in order to help you.
Jetstream hope this helps out
