Question: DB Four Discussion Question: Define what is meant by contingent liability. What three categories are used to classify a contingent liability? Give four examples of

 DB Four Discussion Question: Define what is meant by contingent liability.
DB Four
Discussion Question:
Define what is meant by contingent liability. What three categories are used to classify a contingent liability? Give four examples of a contingent liability.
What three categories are used to classify a contingent liability? Give four

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