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In 20x1, a contract dispute between Fox Co. and Owl Co. was submitted to binding arbitration. In 20x1, each party's attorney indicated privately that
In 20x1, a contract dispute between Fox Co. and Owl Co. was submitted to binding arbitration. In 20x1, each party's attorney indicated privately that the probable award in Fox' favor could be reasonably estimated. In 20x2, the arbitrator decided in favor of Fox. When should Fox and Owl recognize their respective gain and loss? Fox's gain Owl's loss 20x2 20x1 20x120x1 20x2 20x2 20x1 20x2
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Fraud Examination
Authors: W. Steve Albrecht, Conan C. Albrecht, Chad O. Albrecht, Mark F. Zimbelman
3rd edition
324560842, 978-0324560848
