Which of the Following Is True of a Contingent Liability

question 146

Multiple Choice

Which of the following is true of a contingent liability?

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

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Definitions:

Reciprocal Determinism

A concept in psychology proposing that an individual's behavior is both influenced by and influences their personal factors and the environment.

Personality

An individual’s characteristic patterns of thought, emotion, and behavior, together with the psychological mechanisms behind those patterns.

Behavior

The actions or reactions of an object or organism, usually in response to environmental stimuli.

Variable-Ratio

A schedule of reinforcement where a response is reinforced after an unpredictable number of responses, commonly used in operant conditioning.