Final answer:
The liver stores bile, which it produces to aid in the digestion and absorption of fats by breaking them down through emulsification. The gallbladder stores and concentrates the bile, later secreting it into the small intestine. Hence, option (b) is correct.
Step-by-step explanation:
The correct statement that describes the relationship between the digestive system and the liver is: The liver stores bile. The liver is a crucial organ in the digestive system with several functions. It produces a fluid called bile, which is integral for the digestion and absorption of fats. Bile breaks down large globules of fats into smaller ones, a process known as emulsification, making them easier to digest.
Additionally, bile aids in neutralizing the stomach's acidity, creating an optimum environment for the enzymes in the small intestine to function effectively. While the liver produces bile, it is the gallbladder that stores and concentrates the bile, releasing it into the small intestine when needed.