Examlex
Which statement about this cluster is not true?
Assets
Assets are possessions or property that a company owns or controls, anticipated to yield benefits in the future.
Claims
Demands for payment or entitlements to compensation for loss, damage, or injury; often encountered in insurance and legal contexts.
Creditors
Entities or organizations that provide loans or offer credit facilities to people.
Liabilities
Liabilities are financial obligations or debts that a company owes to others, which are expected to be settled in the future through the transfer of assets, provision of services, or other economic benefits.
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