Dini that she has a 42% chance of losing the case, and that, if she does lose, she will probably have to pay RM 400,000 to settle the liability. What is the nature of Dini's liability, if any, and how should it be treated in her financial statements for the year ended 30 June, 2020? (5 Marks) 2. Explain under what conditions should the short term obligations be excluded from current liabilities. [3 Marks] 3. KAL Bhd has been sued by its supplier due to breach of contract. Required: Discuss whether a liability can be recognized assuming that: a) It is probable that KAL Bhd would be liable for RM300,000 as aresult of this lawsuit [2 marks] b) It is not probable that KAL Bhd would be liable for RM300,000 as a result of this lawsuit [2 marks] c) It is probable that KAL Bhd would be liable, however the legal advisers could not estimate the liability amount reliably [2 marks] 4. Jewel Bhd was sued by its competitor for copyright infringement in November 2020. Its legal adviser had determined that its probable that Jewel Bhd will lose the case and the extimated amount of damages will be RM 400,000. [3 Marks) 5. Dnasty Bhd acquired an office building from Premco Bhd for RM 1.5 Million in July,2020. In December 2020, it was discover that the building are not fullfill the specification. As a result, Dnasty Bhd sued Premco Bhd for RM 200,000. The legal advisers of Dnasty Bhd believe that there is a 80% chnace of winning the case