Which Is an Example of a Liability

question 16

Short Answer

Which is an example of a liability?
A)Automobile loan
B)Individual retirement account IRA)
C)Partnership agreement
D)ATM card

• A)Automobile loan
• B)Individual retirement account IRA)
• C)Partnership agreement
• D)ATM card

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Definitions:

Gathered on Paper

An expression indicating information or data has been collected and documented in physical or written form.

Experiential Data

Information derived from direct observations, involvement, or experiences, often used to make informed decisions or predictions.

Attitudes

Learned tendencies to evaluate people, objects, or issues in a certain way, often positive or negative.

Precise Questions

Targeted inquiries designed to gather specific information efficiently.