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Some Early Thoughts on Liability Standards for Online Providers Form

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Some Early Thoughts on Liability Standards for Online Providers Form

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what are liabilities liabilities are a business's obligations to third parties that require a sacrifice of economic benefit in the future a business owes liabilities to third parties and Equity back to its owners together these represent one half of the balance sheet with assets on the other side liabilities can be current or non-current current liabilities are short-term liabilities these are a business's obligations that need to be settled within one year non-current liabilities are long-term liabilities these aren't expected to be settled within a year

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