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.
Therefore, the option A holds true regarding the significance of a business' liability.
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