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In your own words, please describe what both current and non-current liabilities are for a corporation, and provide examples of these types of liabilities as

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In your own words, please describe what both current and non-current liabilities are for a corporation, and provide examples of these types of liabilities as discussed in class. What specifically are the differences between current and non-current? What implications do both types have for the corporation? Please be as descriptive as possible (1 full paragraph: minimum 5 sentences/maximum 10 sentences)

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