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1 vote
A liability can be described as....

A:Something you own that have value
B: Money you owe, debt
C: Something that goes down in value over time
D: Money that you have in a savings account

User Aularon
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2 Answers

2 votes
B because A liability is something a person or company owes, usually a sum of money. Liabilities are settled over time through the transfer of economic benefits including money, goods, or services. ... The most common liabilities are usually the largest like accounts payable and bonds payable
User Bbonamin
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6 votes
The answer is B: Money you owe, debt
User Pedro Bezanilla
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