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  • Sep 23, 2015, 03:55 PM
    grad1
    Liability recognition
    A company signs 5 year contract with current conductor for 2million a year in 2012,to be spokesman for company beginning 2012. Does the company have a liability
  • Sep 23, 2015, 05:22 PM
    paraclete
    There may be a continguency should there be default clauses, and this type of contract may attract product or public liabilities depending upon the type of representations made, such liabilities should be recognised

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