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A sporting event that participants perceive as highly challenging or threatening is best described as a
State Unemployment Taxes
Taxes imposed by state governments on employers based on the taxable wages paid to employees, funding unemployment compensation programs.
Contingent Liability
A potential financial obligation that may arise depending on the outcome of a future event.
Likelihood
The probability or chance of an event occurring.
Contingency
An uncertain future event that could affect financial performance or outcomes.
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