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The Likelihood of Loss Contingencies Is Considered Reasonably Possible When

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The likelihood of loss contingencies is considered reasonably possible when the future event is likely to occur.


Definitions:

Umwelt

Refers to the world as it is experienced by a particular organism.

Meaninglessness

Describes a state or condition of lacking significance, purpose, or value.

Existentialism

A philosophy that emphasizes individual freedom, choice, and responsibility, focusing on the meaning of life as discovered through personal experience and introspection.

Engagement

In social, psychological, and educational contexts, engagement refers to the degree of attention, interest, involvement, and passion that people show towards an activity or process.

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