A bank's liabilities are
A)things owned by or owed to the bank.
B)things the bank owes to someone else.
C)a measure of the bank's net losses.
D)included as part of the bank's reserves.

Name: A bank's liabilities are A)things owned by or owed to the bank. B)things the bank owes to someone else. C)a measure of the bank's net losses. D)included as part of the bank's reserves.
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Question

Quizplus · Accepted Answer

Liabilities are obligations that the bank owes to someone else, such as deposits and loans from customers.

A Bank's Liabilities Are