Question: Your company co - signs a two year notes payable for another entity. This is considered a A . Contingent Liability B . Possible Liability

Your company co-signs a two year notes payable for another entity. This is considered a
A. Contingent Liability
B. Possible Liability
C. Long - term Liability
D. Current Liability
Your company co-signs a two year notes payable for another entity.

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