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Business, 19.12.2019 05:31 harrisakeeyah

Arestaurant is being sued because a customer claims to have found a bug in her chili. the company's lawyers believe there is only a remote possibility that the lawsuit will result in an actual liability. which of the following actions should be taken by the company's management? a. the situation should be described in a note to the financial statements.
b. the possible liability should be ignored
c. the liability should be estimated and recorded as an expense.
d. management should consider resigning

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