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    Principles of Accounting Study Set 1
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    Exam 11: Current Liabilities and Fair Value Accounting
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    A Customer Is Injured Using a Company's Product
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A Customer Is Injured Using a Company's Product

Question 88

Question 88

Multiple Choice

A customer is injured using a company's product.The potential liability that may result is called a(n)


A) contingent liability.
B) estimated liability.
C) definitely determinable liability.
D) estimated warranty liability.

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