What is Contingent Liabilities?
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Answer / rama durga kumar
contingent Liabilities is not exact liability.may be
liability or not.its deponds on future .best example SURITY
SIGN.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / tejas
Contingent liability is one kind of provision for the
payments which will not fixed payment or it depends apon
the future event or occurance which might be occur or
payble in future
| Is This Answer Correct ? | 2 Yes | 1 No |
contingent Liabilities is depending on future future will
say it is Liabilities are not like pending case in court of
Liabilities
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