Examlex
Which of the following is NOT a part of the definition of a state?
Liabilities
Financial obligations owed by a business to others, such as loans, accounts payable, and mortgages, which must be paid in the future.
Debts
Money that is owed or due to another individual or entity.
Assets
Assets are resources owned by a business or individual that have economic value and can bring about future benefits, such as cash, real estate, and machinery.
Liabilities
Financial obligations or debts of a business that arise during the course of its operations, required to be settled over time.
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