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A Contingent Liability Is an Existing,uncertain Situation That Might Result

question 140

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A contingent liability is an existing,uncertain situation that might result in a loss.


Definitions:

Maturation

The process through which individuals achieve full development physically and mentally, following a natural progression.

Accommodation

The process of adjusting existing cognitive structures or schemas to include new information.

Academic Achievement

a measure of the knowledge and skills acquired through education, often assessed by grades, test scores, and degrees.

Risky Sexual Behaviors

Actions related to sexual activity that increase the risk of contracting sexually transmitted infections or leading to unintended pregnancies.

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