kindly given the example of contingent liabilities.
Answer / y.seshamurthy
The Term Contingent Liability Refers to The obligatory to
pay to liability may or may not arise. The best example is
bank guarantee issued to some third parties towards
fulfilment of some contractual obligations, if the contract
obligation is met the company has no liability to pay to
damages otherwise it has to pay the damages.
Is This Answer Correct ? | 7 Yes | 1 No |
Expand C P I
What are the things are not Included in Annual Reports?
Short Answer on _____________Revenue Budget
A cheque of Rs 65000/- received from aruna traders dishoured
define bank Draft
0 Answers State Bank Of India SBI,
WCT ,TDS,Service tax ,costmor accounting
current ratio? asked on 30/7/09
hi..this is swathi.i completed mba finance and graduation bsc microbiology.my question is companys like genpact,factset.. will hire me.is there any rule like that...I am very much greatful if u answer me....
What is prepaid expences
what is portfolio Saint?
What is back value adjustment/correction in Nostro Reconciliations?
How is NAV calculated?