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What is a difference between a PAC and a super PAC?
Liability
A financial obligation or debt owed by a company to another entity, payable in the future.
Legally Enforceable
Describes a contract or agreement that is binding under law and can be upheld in a court.
Future Transfer
A financial arrangement or transaction planned to be executed at a future date.
Future Sacrifice
The giving up of future economic benefits as part of a transaction or financial obligation, often related to expenses or liabilities that will result in a decrease in assets or an increase in other liabilities.
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