If, During an Initial Client Interview, Your Supervising Attorney Does

question 10

Multiple Choice

If, during an initial client interview, your supervising attorney does not inform the client that you, as a paralegal, cannot give legal advice, you should

• A) not say anything.
• B) inform the client that you cannot give legal advice.
• C) wait and see what happens.
• D) None of these choices is correct.

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Definitions:

Actual Rate

A term that can refer to the real, observed interest rate, exchange rate, or other financial variable in contrast to a theoretical or estimated rate.

Standard Hours

The expected time it should take to complete a specific task or produce a given quantity of goods under normal conditions.

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders.

Operating Income

The profit realized from a business's operations after deducting operating expenses from gross profit.