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How much litigation liability the company should accrue

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Reference no: EM132589392

Question 1: H Company was shed for permitting local residents to be exposed to toxic chemicals from its plant. The company lost its suit. The lawyers concluded that it is probable that the company will be liable for a judgment costing any where from birr 80,000 to birr 120,000 but no specific amount is estimable How much litigation liability the company should accrue?

Reference no: EM132589392

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