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Easy definition of liability

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Easy definition of liability
  • 3 answers

Pihu Agrawal 7 years, 8 months ago

The loan and obligation which is payble by the business concern is called liabilities

Anshika Bhadouria 7 years, 8 months ago

Liabilities mean amount paid by the business

Richa Bavankar 7 years, 8 months ago

a person who is liable to pay back the debts
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