Which of the following is NOT considered a cost associated with an individual's death?

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The costs associated with an individual's death typically include medical expenses incurred prior to death, funeral costs for the burial or cremation, and estate taxes that may be levied on the deceased's assets.

Medical expenses cover the healthcare costs needed during an illness or injury leading up to death. Funeral costs encompass all expenses related to the preparation and service for the deceased, which can be significant. Estate taxes are imposed by the government on the deceased's estate before it is distributed to heirs, representing another financial obligation that arises upon death.

In contrast, business expenses are not inherently associated with an individual's death unless explicitly related to winding down a business or affairs left behind. They typically refer to the operational costs of running a business and would not be classified as a direct cost resulting from an individual's mortality. Therefore, identifying business expenses as not being a cost associated with an individual's death is accurate.

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