Question

Rice corporation's attorney has provided the following summaries of three lawsuits against rice: • lawsuit ?

a: the loss is probable, but the loss cannot be reasonably estimated. • lawsuit
b: the loss is reasonably possible, but the loss cannot be reasonably estimated. • lawsuit
c: the loss is reasonably possible and can be reasonably estimated.

Answer 1

The attorney has provided summaries of three lawsuits against Rice Corporation, indicating the likelihood and estimation of losses.

Step-by-step explanation:

These summaries provide information about the likelihood and estimation of losses in three different lawsuits against Rice Corporation. Lawsuit A states that the loss is probable but cannot be reasonably estimated. Lawsuit B states that the loss is reasonably possible but cannot be reasonably estimated. Lawsuit C states that the loss is reasonably possible and can be reasonably estimated.