Attorney Martin Gives Paralegal Pam a Real-Estate Purchase Agreement to Review

question 27

Multiple Choice

Attorney Martin gives paralegal Pam a real-estate purchase agreement to review and analyze and asks her to point out the obligations that the client will assume if the client signs the agreement.What type of writing approach would Pam use?

• A)Advocacy approach
• B)Synthesis approach
• C)Objective analysis approach
• D)None of these choices are correct

---

Definitions:

Wages Payable

A liability account representing the amount of wages owed to employees for work done that has not yet been paid.

Indirect Method

An approach to assemble the cash flow statement by adjusting net income for fluctuations in balance sheet accounts to determine the cash flow originating from operations.

Operating Activities

The component of cash flow statement that reflects the cash generated or used by the core business operations.

Net Cash

The amount of cash available after accounting for cash inflows and outflows, indicating a company's liquidity.