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Which of the Following Is NOT an Implicit Liability

question 36

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Which of the following is NOT an implicit liability?


Definitions:

Bank Account

A financial account maintained by a bank or other financial institution in which the financial transactions between a customer and the bank are recorded.

Deposit

Money placed into a bank account or a sum paid in advance as security for the fulfillment of an arrangement.

Different Times

Occurring or existing at varying or distinct moments or periods.

Deposits

Funds placed into a bank account or materials settled in a location or container, accumulating over time.

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