Question

What Is Liablity .......??​

Answer 1

Answer:

A liability is something a person or company owes, usually a sum of money. Recorded on the right side of the balance sheet, liabilities include loans, accounts payable, mortgages, deferred revenues, bonds, warranties, and accrued expenses.

Hope it helps you.....

Answer 2

Explanation:

the state of being responsible for something

किसी बात का उत्तरदायित्‍व

The company cannot accept liability for damage to cars in this car park.

The company cannot accept liability for damage to cars in this car park.

2.

INFORMAL

a person or thing that can cause a lot of problems, cost a lot of money, etc.