PLeAsE help. What happens when a state law conflicts with federal law?
Question 26 options:

A( The Federal law, under the Supremacy Clause, is declared invalid.

B( Article 2 of the Constitution states that this situation will not occur.

C( The state law, under the Supremacy Clause, is declared invalid

D( Article 6 of the Constitution encourages states to secede (leave the union).

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: