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Ian is attending a rally about increasing campus safety. During the rally, another student, Caryn, who is running for class president, gets up to speak. Ian has been planning to vote for her opponent, Mike, in the election. What should Ian do as Caryn makes her speech?
Assets
Resources owned by a company that have economic value and can be used to meet its future obligations.
Liabilities
are legal financial debts or obligations that arise during the course of business operations.
Owner's Equity
The residual interest in the assets of a business after deducting liabilities, representing the ownership interest of shareholders or partners.
Liabilities
Financial obligations or debts owed by a business to outsiders, such as loans, accounts payable, or mortgages.
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