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1. FICA PAYROLL TAXES: added an additional tax to fund Medicare, designed to cover workers' medical costs in their retirement. 2. CONTINGENT LIABILITIES: test period

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1. FICA PAYROLL TAXES: added an additional tax to fund Medicare, designed to cover workers' medical costs in their retirement. 2. CONTINGENT LIABILITIES: test period that the car was used in its review. damage to the tire itself. (3pts each) B. What conditions would need to exist for GM to NOT report this lawsuit as a contingent liability? (Include the appropriate likelihood category in your response.)

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