The correct answer is D) liability.
Liability is the legal obligation to pay debts.
In the United States, when you owe somebody, you have the obligation to pay. That is a liability. A liability is a legal financial debt that resulted in business operations. The liability could be paid through money, services, and goods, and can be paid over time. That is why you need to negotiate your debt. Liability includes accounts payable, mortgages, loans, accrued, among others. So it is very important to maintain your credit history to pay all your debts in time.