What is the legally bound obligation to pay debts called? A. liability B. large amount of paperwork C. business license D. fringe benefit

asked May 23, 2021 55.0k views

1 vote

What is the legally bound obligation to pay debts called?

A. liability

B. large amount of paperwork

C. business license

D. fringe benefit

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2 votes

Answer:

A. liability

Step-by-step explanation:

the state of being responsible for something, especially by law.

Aadarshsg answered May 24, 2021

7.1k points

5 votes

The answer is A. Liability

Avedis answered May 27, 2021

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