When Attending an Initial Client Interview, a Paralegal Should Always

question 54

Multiple Choice

When attending an initial client interview, a paralegal should always:

• A)Digitally record what the client is saying
• B)Tell the client that the paralegal will send the appropriate forms and releases in the mail
• C)Indicate her nonattorney status to the client
• D)Discuss legal fees with the client

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Definitions:

Cash Dividend

A payment made by a corporation to its shareholders, usually in the form of cash, as a share of the company's profits.

Common Stock

A form of corporate equity ownership, a type of security that represents ownership of a portion of a company, giving the holder voting rights.

Long-term Debt

Borrowed money that a company or individual must repay over a period longer than one year.

Equipment Trade

The act of exchanging one piece of business equipment for another, often to upgrade or replace assets.