Christopher used $5,000 from his savings and borrowed $10,000 to start his business. He spends $500 per month on supplies and $200 on marketing. What is the liability in this scenario?

Name: Revolt
Rating: 4.5 (1200 reviews)

Question

Revolt · Accepted Answer

the $10,000 business loan

Personal Liabilities - Quiz Quiz

Christopher used $5,000 from his savings and borrowed $10,000 to start his business. He spends $500 per month on supplies and $200 on marketing. What is the liability in this scenario?

More from this Course