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Rice Corporation's attorney has provided the following summaries of three lawsuits against Rice: .Lawsuit A: The loss is probable, but the loss cannot be reasonably
Rice Corporation's attorney has provided the following summaries of three lawsuits against Rice: .Lawsuit A: The loss is probable, but the loss cannot be reasonably estimated. Lawsuit B: The loss is reasonably possible, but the loss cannot be reasonably estimated. Lawsuit C: The loss is reasonably possible and can be reasonably estimated. Which of the following statements is correct? Select one: A. A disclosure note is required only for lawsuits A & C. B. A disclosure note is required for each of the three lawsuits. C. A disclosure note is required only for lawsuit A. D. A disclosure note is required only for lawsuits B & C
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