The binary code for SOS is information and the word "HELP!" is knowledge

Which one of the following would be considered a contingent liability?

A. A company owes $100,000 on inventories purchased on credit B. A company estimates that it will probably have to pay $1,200,000 to the Department of Environment Protection for a chemical spill C. A company has $845,000 worth of bonds outstanding D. The company has access to a line of credit with a bank in the amount of $1,500,000 E. The company believes that it is reasonably possible it will lose a lawsuit but is unable to determine the possible damages

Debts that were or could have been listed in a previous bankruptcy in which a debtor waived or was denied a discharge can be discharged under Chapter 7 of the Bankruptcy Code

Indicate whether the statement is true or false