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:

Sternberg

Refers to Robert Sternberg, an American psychologist and psychometrician best known for his theory on intelligence and creativity.

Renowned Poet

A highly recognized and distinguished poet, celebrated for their significant contributions to poetry.

Analytical

Pertaining to or proceeding by analysis (i.e., separating a whole into its constituent parts to examine or determine their relationship).

Practical

Concerned with actual use or practice rather than with theory or speculation.