Examlex
Compared with the personal stories told by Chinese children, in their personal stories American children:
Personal Assets
Assets owned by an individual, including both tangible items like real estate and vehicles, and intangible items like stocks and bonds.
Capital
Financial assets or resources that individuals or organizations use to fund their operations and invest in their businesses.
Unlimited Personal Liability
A legal obligation where an individual's personal assets can be used to satisfy the debts and liabilities of the business.
New Capital
Funds raised by a company through issuing new shares or debt to finance its business activities.
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