An Office Manager in a Small to Medium-Sized Firm Is

question 96

Multiple Choice

An office manager in a small to medium-sized firm is:

• A)An administrative employee who handles client billing procedures and manages the day-to-day operations, makes sure that the office runs smoothly, that sufficient supplies are on hand, and that office procedures are established and followed
• B)A law student working for the summer
• C)An employee responsible for overseeing the paralegal staff and paralegal professional development
• D)None of these choices are correct

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Definitions:

Void Ab Initio

Describes a contract or agreement that is considered null from its inception, meaning it never had legal validity.

Insurable Interest

A stake in the value of an entity or event for which an insurance policy may be obtained to cover losses.

Insurance Contract

A legally binding agreement between an insurer and an insured, where the insurer promises to pay benefits for specific potential future losses in exchange for premiums paid by the insured.

Risk Assessment

The identification, evaluation, and prioritization of risks followed by coordinated efforts to minimize or control their impact.