How Should a Liability That Has an Unlikely Chance of Occurring

question 54

Short Answer

How should a liability that has an unlikely chance of occurring and is insignificant in size be disclosed?

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Definitions:

Epiglottis

A leaf-shaped flap of cartilage located at the root of the tongue that prevents food and liquid from entering the windpipe during swallowing.

Pandemic

A widespread occurrence of an illness across a large region affecting a significantly large portion of the population.

Epidemic

A disease affecting large numbers of individuals in a population.

Infection

The infiltration and proliferation of germs like bacteria, viruses, and parasites, which are typically absent from the body.