Which one would be classified as a liability, under the Conceptual Framework?

Reckless purchased an investment 9 months ago for BD120,000. The market for these investments has fallen and Reckless investment is valued at BD90,000.

Expansion is planning to invest in new machinery and has been quoted a price of BD570,000.

Carter has estimated the tax charge on its profits for the year just ended as BD165,000.

Dexters business manufactures a product under licence. In 12 months, the licence expires and Dexter will have to pay BD50,000 for it to be renewed.