Which of the Following Would Not Be Considered a Contingent

question 114

Multiple Choice

Which of the following would not be considered a contingent liability?

• A)Products sold with a warranty.
• B)Pending lawsuits.
• C)Frequent flyer miles earned by passengers.
• D)Advance ticket sales.

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Definitions:

Dissociative Amnesia

A psychological condition characterized by temporary amnesia for personal information, beyond the ordinary forgetfulness.

Delusions of Grandeur

False beliefs about one's own importance, power, or talents, often occurring in psychiatric conditions like schizophrenia.

Bipolar Disorder

A disorder in which the mood alternates between two extreme poles (elation and depression); also referred to as manic depression.

Mood Disorders

A category of mental health disorders characterized by persistent changes in mood, encompassing major depression and bipolar disorder.