A legal letter will include and evaluate all contingent liabilities of the company.

Name: A legal letter will include and evaluate all contingent liabilities of the company.
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A legal letter, typically from a company's attorneys to its auditors, primarily addresses known litigation, claims, and assessments. It may not include or evaluate all contingent liabilities, as some might not be known or considered material at the time.

A Legal Letter Will Include and Evaluate All Contingent Liabilities