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Rank the Following Liabilities from 1-4 by Degree of Uncertainty

Question 15

Multiple Choice

Rank the following liabilities from 1-4 by degree of uncertainty, with 1 being the most certain and 4 being the most uncertain.


A) Rent Payable ________
B) A lawsuit where a loss is possible but inestimable _________
C) Mortgage guarantee for an individual with good credit ________
D) Flood insurance on a skyscraper not in a flood zone _______

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