A responsibility or possible loss that could materialize in the future based on how a particular occurrence plays out is known as a contingent liability.
<h3>What is contingent liability?</h3>
A responsibility or possible loss that could materialize in the future based on how a particular occurrence plays out is known as a contingent liability. Contingent liability can take the form of pending investigations, product warranties, and potential lawsuits. Liabilities that may be incurred by a company dependent on the result of an uncertain future event, such as the result of an ongoing lawsuit, are known as contingent liabilities.
When they are both probable and reasonably estimable as a "contingency" or "worst case" financial consequence, these obligations are not recorded in a company's records and are not displayed on the balance sheet. The kind and size of the contingent liabilities may be described in a footnote to the balance sheet. It is feasible to categories a loss's possibility as remote, improbable, or probable.
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I would choose D. By outsourcing certain processes to small businesses
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Network architecture refers to the layout of the network, consisting of the hardware, software, connectivity, communication protocols, and mode of transmission (i,e. wired or wireless). This FAQ will introduce you to the concept.
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two advantages are having your own buisness and being able to make money, and doing what you love (or like)
two disadvantages are the cost of owning a buisness, and a building to have it in.
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