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Business, 20.07.2019 17:20 boss1373

Which of the following is true of a contingent liability? a. it is a potential liability that depends on a future event. b. it is an actual liability that is difficult to estimate. c. it is an actual liability that depends on a past event. d. it is a court-imposed liability based on an officer's fraud as decided in a completed lawsuit.

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Which of the following is true of a contingent liability? a. it is a potential liability that depen...
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