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Which of the following is the most important resource for a start-up activity?
Executory Costs
Expenses associated with the ongoing execution of agreements or contracts, such as maintenance and insurance costs in leasing agreements.
Guarantee
A promise or assurance, typically in writing, that certain conditions will be fulfilled, often related to the quality, durability, or performance of a product.
Capital Lease
A capital lease is a lease agreement where the lessee receives ownership rights over the asset, for accounting purposes, similar to a purchase financed through a loan.
Economic Life
The duration over which an asset is expected to be economically usable, with its cost being justified by its performance.
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