Ask Question
Social StudiesSocial Studies
28 October, 08:49

A legal obligation that involves repaying a debt is called a

+5
Answers (1)
  1. 28 October, 08:59
    0
    It's called a Liability.

    The legal obligation will be much stronger if you put it under writing. Liabiity usually recorrded on the right side of Company's Ledger. The ammount of Liability that a company has must be identical to the ammount that you get when you cut the total ammountt of owner's ewuity from the company's asset
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A legal obligation that involves repaying a debt is called a ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Why does the office of the president has a press and communications staff? A. The president uses mass media to speak to Congress. B. The president uses mass media to gain support for policies. C.
Answers (1)
Why was paper the most important innovation of the Han dynasty? Select all that apply. A. because more people could afford books and learned to read B. because it enriched the merchant class C. because new ideas could spread quickly D.
Answers (1)
The assistant referee observes a foul that the referee could not see. the referee stops play when the assistant referee raises the flag and gives it a slight wave.
Answers (1)
Among the special groups, people who are 65 years and above are commonly referred to as
Answers (2)
What type of economic system does Belarus have?
Answers (1)
New Questions in Social Studies
Which is the term used for the legislative branch setting aside or reversing a decision? override reject veto table
Answers (1)
What's the name of the compromise that created two houses of congress
Answers (1)
Write on the economies and diseconomies or sale outling their advantages disadvantages.
Answers (1)
How do european's use the many rivers they have
Answers (2)
What early 19th-century religious revival movement inspired social reform, embraced spiritual egalitarianism and marginalized communities, and created a new spiritual community for Americans struggling with a major social, political, and economic
Answers (1)
Home » Social Studies » A legal obligation that involves repaying a debt is called a
Sign Up Forgot Password?