Antonym of LIABILITY

A. assumption

B. exemption

C. consumption

D. presumption

Answer: Option B

Solution(By Examveda Team)

Liability : the state of being legally responsible for something.
Assumption : a thing that is accepted as true or as certain to happen, without proof.
Exemption : the action of freeing or state of being free from an obligation or liability imposed on others.
Consumption : the action of using up a resource.
Presumption : an idea that is taken to be true on the basis of probability.

Antonym of Liability is Exemption