Documents Presented by Clients During Interviews

question 146

Multiple Choice

Documents presented by clients during interviews

• A) cannot be used as evidence in court.
• B) should be noted in the evidence log or other record that will indicate what was or was not received from clients.
• C) should be put in the client's file for later review.
• D) should not be retained in the attorney's office.

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Definitions:

Profit

The financial gain achieved when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Collusion

An agreement among firms, usually in secret, to fix prices or to divide markets among themselves, which restricts competition.

Fix Prices

Fix prices involves setting product or service prices at a certain level, often agreed upon among competitors to avoid undercutting each other, which is illegal in many jurisdictions.

Market Share

The share of a market dominated by a specific company or product, commonly represented as a proportion of the overall sales in that market.