A city should record a liability for a claim from a citizen who files suit because their toddler drowned in the community swimming pool unattended by a lifeguard if

Question

Quizplus · Accepted Answer

The city should record a liability for a claim from a citizen who files suit because their toddler drowned in the community swimming pool unattended by a lifeguard if it is probable the lawsuit will be settled and the amount of the judgment or settlement can be estimated. Therefore, both option A and B are correct. Option C is not relevant in this case.

A City Should Record a Liability for a Claim from a Citizen