Answer:
False
Step-by-step explanation:
Great question, it is always good to ask away and get rid of any doubts that you may be having.
To determine whether this statement is true or false we need to know what exactly liabilities are. Liabilities is the fact of being legally responsible for something. Such examples of liabilities are debts, as well as being sued.
Based on the information given above we can say that since a rare coin collection does not fall under the category of a legal responsibility then we can consider this statement to be False.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
