Accountancy, asked by abhinav5188, 5 months ago

what do you mean by contingent liabilities...

Answers

Answered by diya9294
0

Description: A contingent liability is a liability or a potential loss that may occur in the future depending on the outcome of a specific event. ... Potential lawsuits, product warranties, and pending investigation are some examples of contingent liability.

Answered by Anonymous
0

Answer:

contingent liabilities is a part of cyber liabilities.

hope it will help you

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