Examples of Contingent Liabilities Include

question 2

Multiple Choice

Examples of contingent liabilities include

• A)lawsuits requesting the company to pay damages for patent liability or product infringement
• B)product warranty expenses
• C)guarantees of obligations of other parties
• D)liabilities for discounted notes receivable
• E)income tax extensions
• F)both A and B
• G)both B and C
• H)Both C and D

---

Definitions:

Health History

A record of an individual’s health events and medical conditions over time, crucial for effective health assessment and management.

Fairness

The quality of making judgments that are free from discrimination or dishonesty, ensuring equitable treatment for all.

Critical Thinking

The mental activity that involves thoughtfully and adeptly forming concepts, using, examining, combining, and assessing data to come to a decision or judgement.

Swallowing Precautions

Measures taken to prevent choking and ensure safety while eating or drinking, especially in individuals with dysphagia.