Any piece of information, which does not get managed properly by the one who has the access to such information, becomes a liability for a business organization. Therefore, the option A holds true.
What is the significance of business liability?
The responsibility of a business to compensate or reimburse the losses due to the negligence or ignorance of an organization's management is known as a business liability. Members are not personally liable for repaying such losses.
An information, which may be sensitive in nature for a business is termed as its liability. Moreover, it becomes the responsibility of the management to take care of preserving such information properly, and manage it with their due diligence. Â
Therefore, the option A holds true regarding the significance of a business' liability.
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