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former employee is suing your organisation for R10-million, claiming theft of intellectual property. On the advice of the company's legal representatives, a decision is made
former employee is suing your organisation for R10-million, claiming theft of intellectual property.
On the advice of the company's legal representatives, a decision is made to provide for the amount
of the claim in its financial statements, since it is probable that judgment will be in favour of the
plaintiff. The company wishes to present this matter fairly in its financial statements, and approaches
you, as a seasoned accounting expert, for guidance.
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