Business

Business, 28.07.2019 08:50, LJ710

Liability to pay only under certain conditions is what

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When a company is obligated for sales taxes payable, it is reported as a(n: estimated liability. contingent liability. current liability. business expense. long-term liability?

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Social Studies, 10.07.2019 03:30, originnjoku3632

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 liability resulting from a lawsuit settled in court.

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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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Liability that arises from not maintaining a building is referred to as a. premises liability. b. healthcare culpability. c. healthcare facility liability. d. medical foundation liability.

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