Examlex
Simplify by first removing the parentheses and then combining the like terms.
Liabilities
Financial obligations or debts owed by a business to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.
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.
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