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In the social media landscape, consumers are more apt to look for product information from other consumers, not the companies marketing those products.
Pledged Assets
Assets that are pledged as security or collateral for a loan or obligation, ensuring the lender has a claim to the asset in case of default.
Accounts Payable
Short-term obligations or debts a company owes to its suppliers or creditors.
Note Payable
A written promise to pay a specific amount of money, often bearing interest, at a future date or on demand.
Liquidated
The process of closing a business by selling off assets to pay creditors and distributing any remaining assets to the owners or shareholders.
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