Long-term obligations that are or will become callable by the creditor because of the debtors violation of a provision of the debt agreement at the balance sheet date should be classified as

A. Long-term liabilities.

B. Current liabilities unless the debtor goes bankrupt.

C. Current liabilities unless the creditor has waived the right to demand repayment for more than 1 year from the balance sheet date

D. Contingent liabilities until the violation is corrected.