#Financial Services

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Liabilities

Ritik bansal 11th Nov, 2017

Answer (1)

None 13th Nov, 2017

In financial terms, A liability is a company's financial debt or obligations that arise during the course of its business operations. In other terms, liabilities are legally binding obligations that are payable to another person or entity. You can refer to your accounts and finance books for more explaination.

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