Contingent Liabilities Occur When the Liability Is

question 48

Multiple Choice

Contingent liabilities occur when the liability is

• A)Probable and can be reliably estimated
• B)Cannot be reliably estimated
• C)Known and determinable
• D)Reliably estimated
• E)All of these

---

Definitions:

Moral Dilemmas

Situations in which a decision must be made between two or more actions, each of which has moral implications conflicting with one another.

Composite Photos

Images created by combining several photographs, often used in forensic science or for creating artistic effects.

Highly Attractive

Describing something or someone that has a great appeal or allure, often visually, but can also pertain to personality or traits.

Door-In-The-Face Technique

A persuasion strategy where a large, unreasonable request is made first and, if refused, followed by a smaller, more reasonable request.