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Liabilities represent an obligation to pay that the company must satisfy.
Intellectual Property
Property that is created through the mental skills of a person.
Unique Human Thought
The original or distinctive ideas generated by individuals, reflecting creativity and innovation.
Noncompete Covenant
A legal agreement that restricts one party from entering into or starting a similar profession or trade in competition against another party.
Geographic Area
A specific portion of the Earth's surface defined by natural or man-made boundaries.
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