Regarding liabilities, which of the following statements is incorrect? E. O A. Liabilities are economic resources that are expected to benefit the business in the future O B. Many, but not all, liabilities have the word payable in their titles. O C. Liabilities represent one of the two claims to assets. O D. A creditor who has loaned money to a business has a claim to some of the business's assets until the business pays the debt