Harley-Davidson, Inc., the motorcycle manufacturer, included the following note (adapted) in its annual report: 1. Why are

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Harley-Davidson, Inc., the motorcycle manufacturer, included the following note (adapted) in its annual report:

1. Why are these contingent (versus real) liabilities?

2. How can a contingent liability become a real liability for HarleyDavidson? What are the limits to the company's product liabilities in the United States?

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Accounting

ISBN: 9780132439602

7th Edition

Authors: Charles T. Horngren, Walter T. Harrison

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Question Posted: May 10, 2024 07:02 AM

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Harley-Davidson, Inc., the motorcycle manufacturer, included the following note (adapted) in its annual report: 1. Why are

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Accounting

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