Uncertainties from the development of new competing products are not contingent liabilities.

Name: Uncertainties from the development of new competing products are not contingent liabilities.
Brand: Quizplus
Rating: 4.7 (34 reviews)

Question

Quizplus · Accepted Answer

Uncertainties from the development of new competing products are not liabilities that depend on the occurrence of a future event. They are potential risks that could impact the company's performance but are not considered contingent liabilities.

Uncertainties from the Development of New Competing Products Are Not