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Assume that an oil company is being sued for an oil spill that occurred at sea. The company denies any wrong-doing, but a class-action suit
Assume that an oil company is being sued for an oil spill that occurred at sea. The company denies any wrong-doing, but a class-action suit against the company has been initiated by several parties. The outcome of the case is currently uhknown. The potential future cost of cleaning up this oil spill (if any) would be referred to as a (an): Select one o a. intangible cost. b. contingency cost. c. intangible cost o d. hidden cost
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