This is a graded discussion: 20 points possible Module 4 Discussion due Feb 18 DiscussionModule 4 Discussion For this module, you have one discussion to complete. You may post a text response that completely answers the prompt. For Module 4 Discussion, your prompt is the following: 1. What is a contingent liability? 2. Give a few examples of contingent liabilities in an industry that you choose. When might one of these liabilities become a real liability? What notes are then required for this liability? 3. What are the possible risks for these contingent liabilities? Are they remote or likely? 4. How are acquired contingencies handled differently from other liabilities? Search entries or author Unread Subscribe