In the period between 1933 and 1936, the nazi regime implemented laws that defined who was and was not jewish according to ancestry. any person with three or four jewish grandparents was considered a "full-blooded" jew; those with fewer (but more than zero) were considered "half-breeds" or "mongrels." this approach to dividing and categorizing people relies on the assumption that:

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: