Legal obligations to give up things of value in the future are known as ________.

A. assets
B. owners' equity
C. borrowings
D. liabilities


Answer: D

Business

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document. Indicate whether the statement is true or false

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LG recently added a computer touchscreen to the door of some models of its refrigerators. Which of the following describes this move by LG?

A. It has integrated technology with the hope of improving the customer experience. B. It creates differentiation between LG refrigerators and its competitors. C. It seeks to add value and improve customer satisfaction. D. It offers LG a competitive advantage in the refrigerator market. E. All these answers are correct.

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Insurance contracts must specify the particular risks being transferred from one party to another.?

Indicate whether the statement is true or false

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