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Ali purchases a U.S. Treasury bond; the bond is: a) An asset for Ali but not a liability of the U.S. Government. b) A liability
Ali purchases a U.S. Treasury bond; the bond is:
a) An asset for Ali but not a liability of the U.S. Government.
b) A liability of the U.S. government and an asset for Ali
c) .An asset for the government but a liability for Ali
d) .An asset of the U.S. government as well as an asset for Ali.
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