Curtis Company is facing a potential lawsuit. Curtis’s lawyers think that it is reasonably possible that it will lose the lawsuit. How should Curtis report this lawsuit?

Personal Finance
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ISBN:9781337669214
Author:GARMAN
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Chapter10: Managing Property And Liability Risk
Section10.5: Buy Specialized Protection For Other Loss
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Curtis Company is facing a potential lawsuit. Curtis’s lawyers think that it is reasonably possible that it will lose the lawsuit. How should Curtis report this lawsuit?

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