9
AssignmentMultiple Select

Understanding Net Worth

Question 9 • * HSA 26-27 Economics

Which would be considered liabilities? Check all that apply.

Answer
A
motorcycle loan
B
own a house
C
car loan
D
credit card bill
E
mortgage

Explanation

Liabilities are debts or financial obligations that you owe. A motorcycle loan, car loan, credit card bill, and mortgage all require repayment, so they are liabilities. Owning a house is generally an asset, not a liability.

AI-written and checked against the verified answer.

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