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explain the concept of motivation, and identify and describe its three key aspects.
Contingent Liabilities
Potential liabilities that may occur depending on the outcome of a future event.
Contingency
An uncertain event or condition that can have a positive or negative impact on a company's financial position if it occurs.
Materialize
To become real or actual; in finance, it refers to the realization of expected results, risks, or events in tangible form.
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