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According to G.H.Mead,the ability to take the role of the other is acquired in three stages.Describe these stages,incorporating examples in each.
Partnership Loan
A loan taken by a partnership, which is a business entity where two or more individuals operate for the common goal of making profit.
Liquidation Expenses
Costs associated with the liquidation process, including legal, accounting, and selling expenses necessary to convert assets into cash.
Noncash Assets
Assets that are not in the form of cash or not easily convertible to cash, often including property, plant, and equipment.
Forthcoming Contribution
Expected or promised financial donations or investments that are pledged to be given at a future date.
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