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Which of the following is an example of a contingent liability? A liability for notes payable with interest included in the face amount A corporation's
Which of the following is an example of a contingent liability?
A liability for notes payable with interest included in the face amount
A corporation's long-term employment contract with its chief executive officer
A lawsuit pending against a restaurant chain for improper storage of perishable food item
The liability for future warranty repairs on computers sold during the current period
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