Which of the following would be a liability to a bank?
A)cash in the vault
B)a loan to a new business
C)a checking account of a professor
D)All of the above are correct.

Name: Which of the following would be a liability to a bank? A)cash in the vault B)a loan to a new business C)a checking account of a professor D)All of the above are correct.
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Question

Which of the following would be a liability to a bank?
A)cash in the vault 
B)a loan to a new business 
C)a checking account of a professor 
D)All of the above are correct.

Quizplus · Accepted Answer

A checking account of a professor is a liability to a bank because it represents money the bank owes to the account holder.

Which of the Following Would Be a Liability to a Bank