asked 6.7k views
1 vote
What is an example of a long-term liability?

Mortgage
Tax payment
Doctor’s bill
Electric bill

2 Answers

1 vote
Mortgage is an example of a long term liability.
answered
User Sellorio
by
8.2k points
4 votes
Mortgage, I know because I have one!
answered
User Rohit Shah
by
8.1k points

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