Q. Which of the following is the example of contingencies? (Solved)
1. Compulsory acquisition of part of land of the company by the Government
2. A suit filed by the employee against the company
3. A debtor of the company is declared insolvent, resulting in bad debts to the company
4. All of (a), (b) and (c) above.
- d. All of (a), (b) and (c) above.