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Liabilities generally arise from future transactions.
Standard Form
A predefined and universally accepted way of presenting mathematical, logical, or scientific data and statements.
Declarative English
Sentences in English that state a fact or argument, providing information in a straightforward manner.
Predicate
A part of a sentence or an equation that states something about the subject and usually contains a verb.
Categorical Proposition
A statement that asserts or denies something about every member of a category.
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