Which viewpoint most accurately describes the view of humankind held by the founding fathers who wrote our constitution?
a) people of average or below average intelligence should never be legally allowed to govern themselves.
b) people are not capable of governing themselves and should be ruled by the most capable who have risen in society.
c) people need a government that will keep the various factions in balance while giving ultimate authority to the people.
d) people are basically good and can be trusted to treat their fellow humans fairly and therefore need little government at all.

The following legal claims exist for m. finger co. identify the accounting treatment for each claim as either (a) a liability that is recorded or (b) an item described in notes to its financial statements. 1. m. finger (defendant) estimates that a pending lawsuit could result in damages of $1,250,000; it is reasonably possible that the plaintiff will win the case. an item described in notes to its financial statements. a liability that is recorded. 2. m. finger faces a probable loss on a pending lawsuit; the amount is not reasonably estimable. a liability that is recorded. an item described in notes to its financial statements. 3. m. finger estimates damages in a case at $3,500,000 with a high probability of losing the case. an item described in notes to its financial statements. a liability that is recorded. the amount that m. finger co. should record in its accounting records related to these suits is: