A Debt That a Business Owes Is Called ________

question 18

Multiple Choice

A debt that a business owes is called ________.

• A)an asset
• B)a liability
• C)stockholders' equity
• D)revenue

---

Definitions:

Conflict Theory

A paradigm that sees social conflict as the basis of society and social change, and that emphasizes a materialist view of society, a critical view of the status quo, and a dynamic model of historical change.

Smart Growth

Term for economic and urban planning policies that emphasize responsible development and renewal.

Urban Planners

Professionals involved in the development and implementation of plans and strategies for the growth and organization of urban spaces.

Retail Space

An area or premises used for the sale of goods to consumers, including both physical stores and online marketplaces.