Which of the Following Is an Example of a Contingent

question 166

Multiple Choice

Which of the following is an example of a contingent liability?

• A) A liability for notes payable with interest included in the face amount.
• B) The liability for future warranty repairs on computers sold during the current period.
• C) A lawsuit pending against a restaurant chain for improper preparation of food.
• D) A corporate long-term employment contract with the chief executive officer.

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Definitions:

Continuum Theories

Theories that explain adherence with a single set of factors that should apply equally to all people.

Stage Theories

Theories that propose that people pass through discrete stages as they attempt to change a health behavior. Stage theories propose that different factors become important at different times, depending on a person’s stage.

Health Behavior

Actions individuals take that affect their health, including habits, practices, and lifestyle choices.

Dietary Recommendations

Guidelines given by health authorities and nutritionists concerning what people should eat to maintain health and reduce the risk of diseases.