Which of the Following Is TRUE of a Contingent Liability

question 60

Multiple Choice

Which of the following is TRUE of a contingent liability?

• A)It is a liability resulting from a lawsuit settled in court.
• B)It is an actual liability that depends on a past event.
• C)It is an actual liability that is difficult to estimate.
• D)It is a potential liability that depends on a future event.

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Definitions:

Fixed-Ratio Schedule

A reinforcement strategy in operant conditioning where a response is reinforced only after a specified number of responses, commonly used in behavior modification programs.

Incidental Learning

The unintentional or unplanned learning that occurs when an individual gains knowledge or skills without explicitly setting out to learn them.

Stimulus-Response Connections

The relationship between an external stimulus and the behavioral or physiological response it triggers.

Accidental Knowledge

Information or insights gained unintentionally or without specific intent to learn.