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
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