Which of the Following Is True When Preparing a Statement

question 22

Multiple Choice

Which of the following is true when preparing a statement of facts to be included in an internal legal memorandum?

• A) The facts should be slanted in favor of the client.
• B) The paralegal must determine which facts are legally significant.
• C) The statement of facts should contain a haphazard description of the events surrounding the conflict.
• D) Presenting facts in chronological order is the least effective method of presentation.

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Definitions:

Fiduciary Duty

An obligation to act in the best interest of another party. For instance, a corporation's board member has a fiduciary duty to the shareholders.

Bribe

Offering, giving, receiving, or soliciting something of value for the purpose of influencing the actions of an official or other person in charge of a public or legal duty.

Best Interests

A standard considering the wellbeing and benefits of an individual, especially in legal and financial decisions affecting that person.

Fair Market Value

The price at which property would sell under usual market conditions, reflecting its value when both buyer and seller are reasonably knowledgeable and willing.