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:

HIV

Human Immunodeficiency Virus, a virus that attacks the immune system, potentially leading to AIDS (Acquired Immunodeficiency Syndrome) if not treated.

Transmission

The process by which genetic or other information is passed from one entity to another.

Sex Characteristics

Traits that distinguish between males and females, including primary characteristics like reproductive organs and secondary characteristics like body hair.

Homophobia

Prejudice or discrimination against individuals who are gay or perceived to be gay, often rooted in fear or misunderstanding.