Examlex
Each of the following is true of ECT except ________.
GAAP
Generally Accepted Accounting Principles, which are a collection of commonly-followed accounting rules and standards for financial reporting.
Professional Indemnity Insurance
Insurance that protects professionals against legal claims for negligence, errors, or omissions that occur while performing their professional duties.
Attorney-Client Privilege
A legal principle that keeps communications between an attorney and their client confidential and protected from disclosure.
Paid Experts
Individuals with specialized knowledge hired to provide their expertise in exchange for compensation, commonly used in legal and corporate contexts.
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