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What is Liability?
- 16 Answers
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Answer / vijay
Liability is an obligation that you have to pay on it's exercise
| Is This Answer Correct ? | 27 Yes | 6 No |
Answer / sanjit kumar nanda
it is the companys obiligation towords the outsiders
| Is This Answer Correct ? | 14 Yes | 2 No |
Answer / rohit
Libities are some kind of obligations which have to pay
with in the period by the company. Its include Share
capital, creditors, unsecured loans, secured loans, Bank
loan,etc. Profit is also one type of Libility Because
Company has to pay it to shareholders in form of dividend.
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / ruchi singh
It is a borrowing or loan that company should repay within
time
| Is This Answer Correct ? | 9 Yes | 2 No |
Answer / talha
right of outsider in our business called liability it is
the amount which we have to pay at any cost
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / anuj sharma ( ibs-g)
it is obligation of company to pay the due
amount...liability includes capital + reserves and surplus+
secured loans+ unsecured loans+ current laibility and
provisions..
| Is This Answer Correct ? | 10 Yes | 4 No |
Answer / rajesh
liabilities are the amount which the company has to pay the
outsiders is called liability
| Is This Answer Correct ? | 7 Yes | 2 No |
Answer / ann nise
it is obligation of company to pay the due amount ,also
it include capital ect
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / mukesh kumar singh
the amount of money that a company or a person owes
| Is This Answer Correct ? | 1 Yes | 0 No |
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