When a Contingent Liability Exists,the Likelihood for Loss Can Be

question 28

Multiple Choice

When a contingent liability exists,the likelihood for loss can be evaluated as probable,reasonably possible,or remote.A remote loss is

• A)a loss where the chance of occurrence is slight
• B)a loss that is likely to occur
• C)a loss where the chance of occurrence is moderate
• D)falls between the chance of occurrence is slight and a loss is likely to occur

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Definitions:

Judged Differently

The phenomenon where individuals or groups are evaluated or assessed based on different criteria or standards.

Sexual Behaviors

Actions that are related to or involve sexual activity, preferences, and orientations.

National Survey

A widespread study or research conducted to gather data and insights on a national scale, often representing a broad demographic.

Personal Barriers

Obstacles within an individual, such as fear, anxiety, or lack of confidence, that impede the person's ability to achieve goals or make changes.