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Business, 15.04.2020 00:25 bluenblonderw

Regarding liabilities, which of the following statements is incorrect? Select one: A. Liabilities represent one of the two claims to assets. B. Liabilities are economic resources that are expected to benefit the business in the future. C. Many, but not all, liabilities have the word payable in their titles. D. A creditor who has loaned money to a business has a claim to some of the business's assets until the business pays the debt.

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