Homework: Week $6$ Assignment $-$ Chapters $10$ &

$11$

Question $8,$ EF$11-23($book$/$static$)$

HW Score: $0\%,0$ of $10$ points

Question list

Question $1$

Question $2$

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Question $5$

Question $6$

Question $7$

Question $8$

Question $9$

Question $10$

Analyze the following independent situations. Determine how each contingency should be treated.

a$.$ Weaver, Inc. is being sued by a former employee. Weaver believes that there is a remote chance that the employee will win. The employee is suing Weaver for damages of $$40,000.$

b$.$ Gulf Oil Refinery had a gas explosion on one of its oil rigs. Gulf believes it is likely that it will have to pay environmental clean$-$up costs and damages in the future due to the gas explosion. Gulf cannot estimate the amount of the damages.

c$.$ Lawsof Enterprises estimates that it will have to pay $$75,000$ in warranty repairs next year.

Points: $0$ of $1$