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What is Liability?

Answers were Sorted based on User's Feedback



What is Liability?..

Answer / vijay

Liability is an obligation that you have to pay on it's exercise

Is This Answer Correct ?    27 Yes 6 No

What is Liability?..

Answer / sanjit kumar nanda

it is the companys obiligation towords the outsiders

Is This Answer Correct ?    14 Yes 2 No

What is Liability?..

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

What is Liability?..

Answer / ruchi singh

It is a borrowing or loan that company should repay within
time

Is This Answer Correct ?    9 Yes 2 No

What is Liability?..

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

What is Liability?..

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

What is Liability?..

Answer / suresh .v

debt or obligation

Is This Answer Correct ?    9 Yes 4 No

What is Liability?..

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

What is Liability?..

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

What is Liability?..

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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