1. Can you think of examples of liabilities that do not require the company to pay cash to a…

1. Can you think of examples of liabilities that do not require the company to pay cash to a debtor?2.How long does it usually take for bonds to actuallygo on the market once a corporation determines they need to issue bonds?3. How are contingencies treated in the financial statements?4. How does the date of the incident that leads to a contingency affect how the contingency is treated?MINIMUM 150 WORDS FOR EACH QUESTION