This is a liability.

Well, assets minus liability.

So that's a liability.

Responsibility?

Why is it a liability?

Accounts Payable is a liability

That'd be my liability, right?

That could be a liability.

So I have zero liability.

Your liability would be the loan.

So now I have this liability.

I have 1,000 gold pieces liability.

And why is it a liability?

So it's a liability to me.

And pays off the liability holders.

So just this is liability, 750,000.

Subtract the liability from both sides.

Responsibility doesn't just lie with religious leaders or political leaders, or Bono, you know.

Your responsibility?

We thought of people as a liability.

What is my assets minus my liability?

And then the offsetting liability for me,

Lynn Verinsky Because of liability insurance. (Laughter)

That we'll just put generally as liability.

So the only liability is this 5,000.

This is a liability for me, right?

So over here you had another liability.

I'll take responsibility.

That's your responsibility.

That's a responsibility.

He's my responsibility.

You take responsibility?

Not your responsibility.

That's your responsibility.

liability side of the balance sheet as well.

that assets are equal to liability plus equity.

So he has a one IBM share liability.

For the liability side of my balance sheet

You can't rightly it's not their responsibility, it is my responsibility.

It has 4 billion of cash, 4 billion of liability, it could pay off its liability with that equity infusion.

And in some cases, they will criticize people or groups that encourage personal responsibility because personal responsibility, to them, feels like guilt and blame.

It's clearly Tom's responsibility.

Collective responsibility means irresponsibility.

The responsibility is mine.

They are taking responsibility.